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Gaming revenue at Genting Singapore bouncing back on domestic market demand

SINGAPORE'S gaming sector is far from its pre-pandemic levels - but the bloodshed that analysts had feared last year appears to have been averted. Read more at The Business Times. ....

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Attorney on 'Bones' and 'Walking Dead' Profits Cases Sues Her Former Law Firm

Attorney on 'Bones' and 'Walking Dead' Profits Cases Sues Her Former Law Firm
lmtonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lmtonline.com Daily Mail and Mail on Sunday newspapers.

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Delay in earnings recovery

were touted as recovery plays following the potential dispensation of Covid-19 vaccines.
However, the latest two-week travel restriction starting tomorrow may see lower NFO sales and reduced visitors to Genting Malaysia’s flagship integrated resort, Resorts World Genting (RWG).
Maybank IB Research said it is cutting Genting Malaysia’s financial year 2021 earnings per share (EPS) by 58% following the MCO, which will be enforced in six states, including Selangor and Kuala Lumpur, which are RWG’s key markets.
Individuals from these states will not be allowed to travel inter-state.
“While most of RWG is located in Pahang, where a looser conditional MCO (CMCO) will be reimplemented, we gather that the great majority of day trippers – about 75% of total visitor arrivals – who visit RWG are from Selangor and Kuala Lumpur, ” the research firm said in a note yesterday. ....

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Skiers hitting slopes this season in record numbers

Skiers hitting slopes this season in record numbers
By ZHU WENQIAN |
China Daily |
Updated: 2020-12-30 09:21
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Winter sports enthusiasts enjoy skiing at the Genting Resort Secret Garden in Zhangjiakou, Hebei province, on Nov 21. [Photo/CHINA DAILY]
Operators upgrade products, services as COVID-19 control brightens prospects
This winter, ice-and snow-themed travel revenue in China is expected to hit a new high as operators offer products with upgraded services and qualities, thanks to COVID-19 coming under better control in the country.
In November, the booking volume of skiing getaways soared 350 percent year-on-year, according to Trip.com, China s largest online travel agency. ....

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