Market Position And StrategyTop-line growth and operating margins could surprise on the upside if Genting Singapore successfully executes on its strategy to attract more premium mass market customers.
Tourism And ExpansionStarting in 2025, the progressive addition of new and refreshed attractions/retail/dining options, hotel capacity, and subsequently new gaming area, coupled with improved accessibility into Sentosa will drive long-term earnings growth.
ValuationThe stock trades at more than two standard deviations below its five-year pre-COVID average, despite having a solid medium-term earnings outlook.