Thailand is planning to legalise their casinos next year which might impact the casino business in SG. There might be lesser high rollers coming to SG to gamble. Not a buy for this stock.
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104152658
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Thailand will still need time to construct and set up those entertainment complexes which may take a few years. The effect won't be felt so soon, at least not immediately after the bill is passed
Dor (RnR) Oh Yeah
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But still can buy for these few years before 2030 2yrs later they will renew to 3yrs... So stock up again ah....haha Is OK.. Revenue down, still profitable willl do.
104152658
103242867
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You know you have a very good point. I don't see why not with that pile of cash and considering the bid for Japan.
Genting also has a strong track record which Thailand needs both as a measure against their locals' penchant for gambling as well as taking into account they're just starting out in the gambling sector (the legitimate kind).
Besides, there will also be 5 licenses to be given out. Pretty sure Genting can obtain one.
104152658 : Thailand will still need time to construct and set up those entertainment complexes which may take a few years. The effect won't be felt so soon, at least not immediately after the bill is passed
Southgate : Plot twist. Genting obtain license to operate in Thailand.
Dor (RnR) Oh Yeah : Yap not only Thailand... Japan too
Dor (RnR) Oh Yeah : But still can buy for these few years
before 2030
2yrs later they will renew to 3yrs... So stock up again ah
....haha
Is OK.. Revenue down, still profitable willl do.
OnlyGens Southgate : once Gens bid for Thailand casino, gens share will shoot up like a rocket to the moon
103242867 : you think genting won't bid for Thailand license? lol
104152658 103242867 : You know you have a very good point. I don't see why not with that pile of cash and considering the bid for Japan.
Genting also has a strong track record which Thailand needs both as a measure against their locals' penchant for gambling as well as taking into account they're just starting out in the gambling sector (the legitimate kind).
Besides, there will also be 5 licenses to be given out. Pretty sure Genting can obtain one.