SINGAPORE: A stroke of bad luck. That's what casino operator Genting Singapore PLC blamed for reporting a sharply lower-than-expected quarterly profit, while also flagging a cautious outlook due to muted Chinese economic growth.
Genting Singapore's Resorts World Sentosa, one of two casinos in the island state that are the envy of the global industry since opening three years ago, said that its 35 percent fall in core earnings simply came down to so-called "premium" gamblers getting lucky.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
