Local gamblers drive Genting Singapore back into the black with 3Q earnings of S$54.5 mil

Local gamblers drive Genting Singapore back into the black with 3Q earnings of S$54.5 mil
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SINGAPORE (Nov 15): Casino operator Genting Singapore has staged a strong sequential recovery between 2Q and 3Q ended Sept 30, as lockdown measures were eased somewhat.

In a quarterly business update on Nov 14, the company, which operates Resorts World Sentosa reported earnings of nearly S$54.5 million for 3Q, compared to losses of S$163.3 million in the preceding quarter ended June 30.

Revenue for 3Q was S$300.1 million, versus just...(click on link for full story on theedgesingapore.com)