Genting RWS Is Done Also

Posted: November 13, 2012 in Uncategorized

Media report extracts

The summary:
– 3rd quarter profit dropped by 47%, to S$110m.

– RWS casino revenue dropped 20% to S$528m.

– RWS as a whole performed worse than Marina Bay Sands which is expected.

Main reason:
Unable to sustain high volume VIP non-negotiable chip turnover to create higher Win %. That’s all.

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