Casino stocks continue to fall


Downtrend: Genting tumbled 9 in a week while Genting Malaysia has declined 21.15 since Budget 2019 was announced.

But some analysts are maintaining their ‘buy’ calls on Genting and Genting Malaysia

A notable number of analysts have continued to maintain their “buy” calls on Genting Bhd and Genting Malaysia Bhd (GenM) despite the unexpected announcement of additional taxes that will be imposed on casinos in Malaysia.

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