The Malaysian Insider, 10 Aug 2012
SINGAPORE, Aug 10 — Genting Singapore, which owns one of Singapore’s two multibillion-dollar casino complexes, posted lower quarterly core earnings that missed expectations as gaming revenue fell and expenses rose.
The Singapore casino operator’s results miss came after rival Las Vegas Sands, owned by billionaire Sheldon Adelson, announced smaller-than-expected quarterly earnings in July, hit by lower profits from the city-state and Macau. Full story