BFM Podcast
Gaming and Cruise Sector in Choppy Waters
Vincent Khoo, Head of Research, UOB Kay Hian
08-Sep-16 11:53
Genting Hong Kong, the operating arm of the resorts & cruise business is adding to its cruise capacity with an aggressive fleet expansion strategy. Initial start-up and marketing cost will impact earnings in the short-term.
Spill-over effects from the Swiber saga is also weighing down on sentiment in the gaming sector in Singapore as gross-gaming revenues fell.
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