Singapore, January 30, 2026, 15:28 SGT — Regular session.
- Genting Singapore shares climbed roughly 1.4%, hitting S$0.74 in afternoon trading
- CGS International maintained its “add” rating. DBS remained cautious but noted potential VIP gains following renovations
- Attention turns to Feb. 24 earnings, looking for signs that upgrades are boosting profits
Shares of Genting Singapore Ltd climbed on Friday after new broker reports brought the stock back into focus. By 2:48 p.m. local time, the shares had gained 1.4%, trading at S$0.74. (SG Investors)
This shift is crucial as the company must prove Resorts World Sentosa can recover higher-spending clients, not just attract foot traffic. Marina Bay Sands remains the tough standard on the casino floor, and investors aren’t shy about making the comparison.
Genting Singapore announced it plans to publish its full-year results for the period ending Dec. 31, 2025, on Feb. 24 after the market closes, according to a filing. On Friday, the stock fluctuated between S$0.73 and S$0.74, with roughly 17.3 million shares traded. The Straits Times Index slipped 0.3%. (ShareInvestor Charts)
CGS International stuck to its “add” rating with a 78.5 Singapore cent target price in a note released Friday. Analyst Tay Wee Kuang cautioned that profit growth from new ventures like the Singapore Oceanarium and the all-suite Laurus by Marriott will likely take some time to build. (The Edge Singapore)
DBS Group Research kept its “hold” rating and 80-cent target price under review in a separate note released the day before. Analyst Chee Zheng Feng suggested Resorts World Sentosa might be “better positioned” to reclaim VIP market share but cautioned that Marina Bay Sands is making it tough by retaining the “whales”—the casino term for high rollers. Chee also pointed out mixed early feedback for The Laurus. (The Edge Singapore)
Las Vegas Sands reported that Marina Bay Sands posted adjusted property EBITDA — a non-GAAP profit metric — of $806 million in Q4, up from $537 million the previous year. The firm noted a high “hold” on rolling play boosted that number by $45 million. CEO Robert G. Goldstein said the company remains “enthusiastic” about growth prospects in Singapore and Macau. (Q4 Inc.)
“Hold” basically measures the casino’s win rate. When it’s high, earnings can outpace actual demand, and when it’s low, the opposite happens.
Genting’s upside hinges on renovations and fresh attractions pulling in premium customers without relying on costly incentives. On the downside, if the high rollers stick to the other side of the bay, the revenue won’t grow fast enough—leaving the stock vulnerable, even if tourism remains strong.
February 24 is next on the calendar. Traders will be looking for clues that VIP market share is holding steady, along with management’s outlook on how fast the updated assets begin delivering more consistent profits.