Genting Gambles on Japan

Tushar Mohata, Head of Equity Research, Nomura

01-Dec-16 09:20

Pause
Embed

Genting Singapore Q3'16 revenue declined 8.6% y-o-y to S$581.5m as the sector reels from a decline in gaming volumes. As a result of major typhoons, the group had to divest & pare down its stake in its Jeju integrated resort in South Korea, where its construction progress was hindered as a result. However, the group is bullish of possible greenfield ventures into Japan, where lawmakers there yesterday reopened the debate on its casino bill. Tushar Mohata, Head of Equity Research, Nomura thinks the potential for Japan's gaming market could outstrip that of Singapore - as one of the last developed market to legalise casinos.

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:

Tags: Genting Singapore, gaming sector, Singapore equities, Japan casino bill

Today’s Shows

6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

Kingsley Jones of Jevons Global tells us where international markets are heading.

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

Prof. Donald Leslie Baker of the University of British Columbia discusses South Korea’s future after President Yoon Suk-Yeol's impeachment and the upcoming snap election in June.

7:45 AM

Morning Brief

Adrian Lasimbang of Pertubuhan Suara Anak Sabah shares his insights on the planned Sabah rural economic initiative.

8:00 AM

The Breakfast Grille

Brandon Lim, Executive Director of Lim Seong Hai Capital Bhd discusses the company's operations and its transfer to the ACE Market.

8:30 AM

Morning Brief

Andrew Chan, Director of the Malaysia Semiconductor Industry Association discusses how the new US tariffs might affect local players.

8:45 AM

Morning Brief

(REPEAT) We dive into the local and international news that matters to you.

9:00 AM

Opening Bell

(REPEAT) Kingsley Jones of Jevons Global tells us where international markets are heading.

9:15 AM

Opening Bell

We ask Thilan Wickramasinghe Head of Research, Singapore at Maybank Investment Bank on the outlook for Singapore amid Trump's Tariffs.

9:35 AM

Pinnacle Perspectives

Jayant Menon of ISEAS discusses the impact of President Trump's 24% tariff on Malaysia and its effect on global trade and investment strategies.

10:05 AM

Open For Business

Xtractify: Automatically Acquire Customers Via WhatsApp?

11:05 AM

P&L

Risk and Return: What Entrepreneurs Can Learn from Fund Managers

12:00 PM

Enterprise Explores

The Tourism Value of Pickleball? MATTA’s Grand Slam

1:00 PM

The Breakfast Grille Repeat

Lim Ding Shyong, Executive Director, Lim Seong Hai Capital Berhad

2:05 PM

Discovery Hour

An eclectic selection of BBC shows, curated with variety in mind.

3:05 PM

Earth Matters

When Professor Darryl Jones moved to Malaysia, his daily birdwatching walks in Bukit Kiara soon evolved into a detailed survey and collaboration with Friends of Bukit Kiara. We speak to him about his work, and the urgent need to protect this urban forest.

4:05 PM

Health & Living

Every 2 minutes, one woman dies in pregnancy or childbirth. Every 7 seconds, a newborn baby dies. This World Health Day, we ask why this is still happening.

5:00 PM

Top 5 at 5

6:00 PM

Today I Learned

7:00 PM

Just For Kicks

8:00 PM

A Bit of Culture

PROGRAMMES