One-month closure of Genting Singapore casino to impact earnings

TA Research estimates that Genting, which owns 52.8% of Genting Singapore could see its financial year 2020 (FY20) earnings decline by close to 15% after consolidating the latter’s potential fall in earnings.

PETALING JAYA: The one-month closure of Genting Singapore Ltd’s casino resort starting today is another hit to its parent company Genting Bhd.

The closure comes on the heels of temporary closure of Genting group’s other operations in Malaysia, the United States and the United Kingdom.