Why was the gambling license for Genting Sing extended by two years instead of the usual three years?
genting sing $Genting Sing (G13.SG)$ The operation gambling license has been renewed for two years, effective from February next year.
The operation of Resorts World Sentosa (RWS) by Genting Sing, assessed by the Singapore Gambling Regulatory Authority (GRA) as "suitable for managing and operating a casino", was renewed for 2 years due to poor tourism performance instead of the usual 3 years.
According to the report from the Singapore news website CNA, the Singapore Gambling Regulatory Authority (GRA) has found that from January 1, 2021 to December 31, 2023, the tourism performance of Sentosa Integrated Resort in Singapore needs to "make rectifications and improvements in many aspects".
This conclusion is based on the investigation results of an independent evaluation team appointed by the Ministry of Trade and Industry (MTI) of Singapore.
The team assessed the ability of Sentosa Integrated Resort in Singapore to develop, maintain, and promote its integrated resort as a "tourist destination that attracts visitors, meets market demands, and industry standards".
The Singapore Gambling Regulatory Authority stated that when deciding to extend the casino license, they also took into account the opinions of the Ministry of Trade and Industry, the Singapore Tourism Board, and the Sentosa Development Corporation.
According to CNA's report, the new two-year gambling license will take effect on February 6, 2025. The next evaluation will take place in 2026.
A fine of 7.42 million ringgit
The Singapore Gambling Regulatory Authority stated that it will continue...

Not much volatility today
TRNR entered two better short selling opportunities
$Interactive Strength (TRNR.US)$ $PainReform (PRFX.US)$ $Sona Nanotech Inc (SONA.CA)$

$XPeng (XPEV.US)$ is expected to report its quarterly earnings for period ending 30 September 2024 on 19 Nov 2024 before the market open.
XPEV is expected to show an increase in its quarterly revenue mainly due to a significant increase in the deliveries for the third quarter. Revenue is expected to see a 14.5% increase in revenue to CNY 9.769 billion from CNY 8.53 billion a year ago.
This is near the high side of the guidance that was...

$Broadcom (AVGO.US)$
1st chart check price on bottom wick of weekly.  2nd and 3rd chart are same (9s down almost complete)  potentially bottom depending on market conditions if not this wouldn't be the tickers fault sympathy doesn't count its a buy

INARI's bearish indicators are in danger.
$INARI (0166.MY)$
INARI's bearish indicators are in danger.