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Listed below are some notes taken after reading analyst reports on Genting:

Currently, there is a daily average of 380 tables, 1200 slots in operation. Expected to ramp up its operations by increasing its gaming tables to an average of 450 and slots to 1600 by end 2010.

No junket licence has been issued to date. Expect result to improve further as operations ramp up, and with the influx of junkets.

Universal Studios
Tickets were sold out till end Jul 10 (about 8k daily) with an average visitor spend of S$84. Should see even stronger demand once Battlestar Galatica reopens (likely in two months) along with a new Madagascar ride. Expected to increase its daily intake to 10-12k by Jan 2011 and 18-20k by Jan 2012.

New Attractions

  • Currently, there are 18 out of 24 rides, so there should be 6 more new rides.
  •  Oceanarium Marine Life Park (Est 2011).
  •  Equarius Water Park (Est 2011).
  •  Xperimential Maritime Museum (Est 2011).
  •  Espa Wellness Sanctuary (Est 2011).
  •  La Vie (resident show) (End 2010).
Currently, there are about 1350 rooms, and occupancy was 70% with an average room rate of S$263. Expected to increase to 1800 rooms in 2H10/2011.

Singapore is seeing record tourist arrivals (1H10: 5.5m, +22% y-o-y), with seasonally stronger 2H further boosted by F1 race and Youth Olympic Games.


AK71 said... @ August 14, 2010 at 12:56 AM

Congratulations! :)

Alvis said... @ August 14, 2010 at 9:34 AM

Thanks.. $1.46 is a new high for genting.. based on TA, it should meet some resistance at $1.50-$1.55.. cheers!!

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