CLSA has reiterated its positive view on Genting Singapore plc (G13.SG) after the gaming company says hotels at its new integrated resort Resorts World Sentosa will open on Jan 20.
The brokerage says the opening of Resorts World Sentosa ahead of rival casino offering Marina Bay Sands means Resorts World Sentosa will get to enjoy a 100% market share for some months, which bodes well for margins.
