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11 things I learned from Genting Singapore’s 2017 AGM
By The Fifth Person  •  May 22, 2017
Singaporeans, I’m sure, are all too familiar with the only two integrated resorts (read: casinos) in the country, Marina Bay Sands and Resorts World Sentosa. While the former has become an iconic addition to the Singapore skyline and a popular sightseeing destination, Resorts World has built its name as a family and lifestyle destination due to its location in Sentosa and the Universal Studios theme park. Resorts World Sentosa is owned by Genting Singapore PLC (SGX: G13), a gaming and integrated resorts developer and operator. Genting Singapore was incorporated in 1984 and listed on the SGX in 2005. Besides Singapore, the group also has a presence in Australia, the Bahamas, Malaysia, the Philippines, and the UK. According to credit rating agency Fitch, gaming revenues continued to slide in 2016 due to a contraction in the VIP segment and expects gaming revenues to remain flat at US$4 billion for 2017. It ......
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By The Fifth Person
The Fifth Person believes in spreading a message that financial literacy and sound investment knowledge can help people around the world achieve financial independence and lead better lives for themselves and their loved ones.
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