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Cheng, I think it’s a good sign to see growth in non gaming segment too, which provide a base for the business. Any future growth in gaming segment will propel the business forward.
While its gaming revenue was down 8% in the quarter to S$403.4 million, Genting Singapore says that there has been "improving momentum" towards the end of the period.
War started in March, but gaming revenue increased from then?
Marina Bay Sands (MBS) charted another new high for the first quarter, with earnings climbing 30.2 per cent to US$788 million – or S$1 billion – for the three months ended Mar 31.
Its adjusted property earnings before interest, taxes, depreciation and amortisation (Ebitda) was US$605 million in the corresponding year-ago period. This came as net revenue picked up 27.9 per cent year on year to US$1.5 billion, from US$1.2 billion previously.
