Genting Singapore (SG:G13) has released an update.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Genting Singapore reported a revenue of $561.9 million for the third quarter of 2024, marking a 2% decrease from the previous quarter. The decline is attributed primarily to lower VIP rolling volumes and win rates, though non-gaming revenues improved due to seasonal factors. The company continues to face challenges with the full closure of Hard Rock Hotel for renovations and S.E.A. Aquarium’s temporary closures for expansion.
For further insights into SG:G13 stock, check out TipRanks’ Stock Analysis page.