Genting Singapore predicted to dodge blows from revision in gaming rules
Here are 2 reasons why.
According to OCBC, as for its gaming business, GS does not expect to see much impact from the recent revision in the gaming rules that introduced more measures (most voluntary) to curb casino visits for financially distressed persons.
"For one, RWS has already been operating under such rulings. Secondly, the IR’s main focus remains on growing the market for foreign premier players. GS had previously identified these markets as those within a 5-hour flight from Singapore," OCBC said.