Fall in ringgit, rupiah limiting mass-market gamblers’ bets in Singapore


SINGAPORE: The Malaysian ringgit’s fall to 17-year lows against the Singapore dollar will limit the city state's mass-market gaming revenues even after the opening of Genting Singapore's new hotel close to Malaysia’s border, analysts said.

Like its rival Las Vegas Sands' Marina Bay Sands, Genting is trying to improve its appeal to mass-market players as it battles a slowdown in its high-roller business amid weakness in the Chinese economy.

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Business , genting , singapore , ringgit , gamblers , malaysia , indonesia ,

   

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