Genting Singapore Falls a Fourth Day Amid Concern Over Visitors

Bloomberg.com, 19 Feb 2010
Feb. 19 (Bloomberg) -- Genting Singapore Plc, owner of Singapore’s first casino, fell for a fourth day amid concern the venture may draw fewer visitors than forecast.
“Expectations are in our view unrealistically bullish for a virgin casino market,” said Dominic Noel-Johnson, a Hong Kong-based analyst at Citigroup Inc. “While a few days don’t constitute a trend, initial visitors to the Singapore casino are significantly below our estimates.” Full Story

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