DividendsDividends-per-share missing expectations on GENS’s conservative capital management.
EarningsGenting Singapore's 3Q24 results reflect deteriorating gaming revenue on the back of weaker gaming volumes in both the VIP and mass segments.
Financial PerformanceResort World Sentosa's 3Q24 revenue and EBITDA plunged steeply, with earnings weaker presumably due to seasonally softer patronage, lower VIP hold, and an absence of mega events.