“We expect visitor numbers to integrated resorts of both Genting Malaysia Bhd and Genting Singapore Ltd to continue to recover throughout 2023, particularly with China’s reopening early this year,” said Kenanga Research. — Reuters
PETALING JAYA: The recovery of the gaming sector is expected to remain intact, sustained by the reopening of the economy and international borders.
For casino operators, the return of foreign tourists is expected to boost patronage, and hence, earnings, while for number forecast operators (NFOs), the absence of movement restrictions is expected to boost ticket sales.
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