Genting s forecast intact despite resort cancellation thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
The management of Genting Singapore Ltd, operator of the Resorts World Sentosa casino resort, said it has made corporate decisions based on its expectation of a “successful bid” for a Japan integrated resort (IR), as these complexes are known in that country.
Such expectation was “based on the group’s commendable track record in developing and successfully operating Resorts World Sentosa in Singapore,” stated Tan Hee Teck, the firm’s president and chief operating officer. His comments were made during the company’s annual general meeting, according to a presentation deck published this week.
Genting Singapore is a contender for a Japan casino licence, being one of the qualified bidders in the race to be Yokohama’s partner on a casino complex.
GGRAsia – GEN Singapore edge on Melco in Yokohama: Maybank ggrasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ggrasia.com Daily Mail and Mail on Sunday newspapers.
The chairman and chief executive of the parent firm of Macau casino operator Sands China Ltd said on Wednesday he was “disappointed” about the pace of recovery in the Macau gaming market, but understood the Macau and mainland China authorities had opted for a safety-first approach amid the Covid-19 pandemic.
Robert Goldstein (pictured, top left), boss of United States-based Las Vegas Sands Corp (LVS), was speaking during the Bernstein Annual Strategic Decisions Conference, in a session held online and hosted by Sanford C. Bernstein Ltd analyst Vitaly Umansky (pictured, top right).
Mr Goldstein stated regarding the pace of Macau’s rebound: “We are disappointed… we were hoping for a quicker recovery”. But the Las Vegas Sands executive added he understood that the authorities in Macau and the mainland were “very cautious” on travel easing, as they had a “zero-tolerance policy” toward Covid-19.
GGRAsia – Genting Singapore, Melco qualify for Yokohama RFP: report ggrasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ggrasia.com Daily Mail and Mail on Sunday newspapers.