Tushar Mohata of Nomura discusses Genting's good fortunes despite headwinds like the disruption from site construction on Genting highlands, higher gaming taxes, GST's introduction and waning sentiment, showing the inelasticity of the sector to pricing pressures.



Other positive catalysts include Genting's soon-to-be-launched RM10 billion integrated masterplan and the peaking of a two-year decline in high-roller footfall at Genting Singapore.

Tushar Mohata of Nomura discusses Genting's good fortunes despite headwinds like the disruption from site construction on Genting highlands, higher gaming taxes, GST's introduction and waning sentiment, showing the inelasticity of the sector to pricing pressures. Other positive catalysts include Genting's soon-to-be-launched RM10 billion integrated masterplan and the peaking of a two-year decline in high-roller footfall at Genting Singapore.

Instagram

Sharper and stronger than a double espresso. The Morning Run stretches your mind and braces you for the business day. It's your fast track into work where you can hit the ground running. From 6am to 10am weekdays, the Morning Run brings you the biggest stories and must-listen-to interviews. Stay enlightened, make educated business and investment decisions.

Advertisement