$GENTING SINGAPORE LIMITED(G13.SI)$ Genting Singapore is well known for Resorts World Sentosa located in Sentosa Island.  It is a Tourist Destination and was badly hit by the Covid-19 pandemic.

However there is green shoots of recovery lately as the share price has inched higher. 

Performance wise, 3rd quarter 2021 was lack lustre as the gaming revenue decreased by - 13.9% quarter on quarter.  However it outperformed its arch rival, Marina Bay Sands which dropped - 35%.  This is largely due to restriction capped at 2 players per table and alternate jackpot machines.

It also had to ditch its plan to built a casino in Yokohama Japan as the new mayor is anti gambling.

However the good news is that with the opening of Singapore to international visitors, Resorts World Sentosa will definitely see an increase in visitors.  Also the local Singaporeans will be making a beeline to Universal Studios, Adventure Cove, SEA Aquarium and to the casino as well.

It is a good time to buy into $GENTING SINGAPORE LIMITED(G13.SI)$ as it is definitely a great recovery play.   Being one of the only two casinos in Singapore, it does have a wide moat. 

@Tiger Stars

@小虎活动 - Earnings Season 

免责声明:上述内容仅代表发帖人个人观点,不构成本平台的任何投资建议。

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  • delusion梦碎
    ·2021-11-12
    Vaccine rolling out, travel will resume, the high rollers will be coming in. $$$
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    • koolgal
      That is true.  It should happen soon. Thanks for sharing
      2021-11-12
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  • Likelike
    ·2021-11-13
    short precise writeup about the only avail casino stock in Sg...nice...like like
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    • koolgal
      Thanks for your lovely compliment
      2021-11-13
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  • 蓝色的云
    ·2021-11-17
    厉害👍🏻
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    • koolgal
      Thanks
      2021-11-18
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  • blackblack1
    ·2021-11-14
    once singapore land border open.. upupup
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    • koolgal
      Yes definitely.  It's going to be up up up👍😊
      2021-11-14
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  • Khawpuccino
    ·2021-11-13
    Thanks for sharing! Very informative!
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    • koolgal
      My pleasure
      2021-11-13
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  • 老师我
    ·2021-11-16
    这篇文章不错,转发给大家看
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    • koolgal
      Thanks
      2021-11-17
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  • newbee111
    ·2021-11-13
    gamboling
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    • koolgal
      Yes
      2021-11-13
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  • ghiblibli43
    ·2021-11-21
    来来来
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    • koolgal
      Thanks
      2021-11-21
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  • 黄本聪
    ·2021-11-17
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    • koolgal
      Thanks
      2021-11-17
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  • dingdibg
    ·2021-11-13
    感谢分享
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    • koolgal
      My pleasure
      2021-11-14
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  • TCX
    ·2021-11-13
    gamble
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    • koolgal
      Yes
      2021-11-13
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  • Ydy3000
    ·2021-11-13
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    • koolgal
      Thanks
      2021-11-13
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