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Genting Singapore in the money
Tuesday, 13 Aug, 2010
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Genting Singapore has hit the jackpot with Singapore’s first integrated casino resort.
Genting Singapore’s Resorts World Sentosa (RWS) generated S$860.8 million in revenue with pre-tax profits of S$503.5 million for the second quarter of this year.
Singapore Straits Times commented “this works out to RWS’ cash registers netting $9.6 million in daily sales, from which Genting Singapore pocketed a tidy $5.6 million in pre-tax profitsâ€.
The impact of Singapore’s two integrated resorts – Resorts World Sentosa and Marina Bay Sands – on international tourism numbers is still to be assessed.
Ian Jarrett
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