Singapore, Feb 4, 2026, 15:12 (SGT) — Regular session
- Genting Singapore shares barely moved by mid-afternoon.
- A fresh tourism update has shifted attention back to visitor spending and 2026 targets for casino and leisure companies.
- Traders are turning their attention to the company’s late-February results for clearer signals.
Genting Singapore shares held firm at S$0.740 by 3:08 p.m. local time, as investors mulled over new tourism data and its potential impact on foot traffic and spending at Resorts World Sentosa. (SG Investors)
The Singapore Tourism Board reported tourism receipts — spending by visitors — reached a record S$23.9 billion in the first nine months of 2025, rising 6.5% from the previous year. It forecasts international visitor arrivals in 2026 between 17 million and 18 million, with receipts expected to hit roughly S$31.0 billion to S$32.5 billion. The board cautioned the outlook is subject to “global economic uncertainty and political instability” that could alter travel trends. (Singapore Tourism Board)
“Singapore’s focus on attracting higher-spending visitors is clearly paying off,” DBS senior economist Chua Han Teng noted, highlighting that receipts have grown faster than visitor numbers. Ken Foong, an equity research analyst at Bloomberg Intelligence, attributed slower visitor growth in 2025 to a return to normal seasonality and forecasts “a low single-digit” rise in arrivals in 2026. (The Business Times)
The stock moved within a narrow range, reaching S$0.745 before dropping to S$0.735. Trading volume stood at roughly 34.3 million shares by mid-afternoon, according to ShareInvestor data. (ShareInvestor)
The broader Straits Times Index gained roughly 0.17% on the day, per Investing.com data, providing neither significant boost nor drag on individual stock action. (Investing)
Genting Singapore’s tourism tale hinges on both visitor numbers and their spending. The group operates Resorts World Sentosa, a sprawling integrated resort with casinos, hotels, attractions, and convention spaces. Its main competitor? Las Vegas Sands’ Marina Bay Sands, just across the city. (Reuters)
Tourism receipts don’t always align with casino revenues. Visitors who spend more might put their money into shopping and hotel stays rather than gambling. Plus, occasional events can skew the numbers in the short term.
The downside scenario is clear: weaker regional growth, a stronger Singapore dollar, or more hesitant travellers might dent volumes, even with headline receipts holding steady. Costs are crucial as well; if staffing and marketing expenses outpace revenue, margins will tighten.
Coming up, Genting Singapore will report its full-year results for the period ending Dec. 31, 2025, on Feb. 24 after the market closes. (SGX Links)
