Short-term pain, long-term gain for Genting Singapore: analysts

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Analysts agreed that the casino entry levy implemented on Thursday, higher casino tax rates from March 2022, and the S$4.5 billion reinvestment plan for Resorts World Sentosa will result in a short-term hit to earnings for Genting Singapore.

ANALYSTS agreed that the casino entry levy implemented on Thursday, higher casino tax rates from March 2022, and the S$4.5 billion reinvestment plan for Resorts World Sentosa will result in a short-term hit to earnings for Genting Singapore.

Source: News Formal (newsformal.com)

 

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