Genting's net profit crashed 64% to $91m in Q1
Its struggling gaming business is to blame.
Genting Singapore reported that its net profit crashed 64% to $91m in the first quarter, as its premium gaming business continues to come under pressure due to regional factors.
The group's revenue declined 23% to $639.2m, while operating profit fell 49% to $182.3m.
The group did not declare a dividend for the quarter.