Genting Singapore Likely to Deliver Stronger Performance in 2026 -- Market Talk

Dow Jones14:12

0612 GMT - Genting Singapore is expected to deliver a stronger performance this year, Hong Leong IB analyst Chee Kok Siang says in a note. The Singapore Tourism Board expects 2026 spending to rise to S$31 billion to S$32.5 billion, an on-year rise of 7%-8%. "This bodes well for casinos and integrated resort operators such as [Genting Singapore], given the positive spillover to gaming and non-gaming revenue streams," the analyst says, noting Genting Singapore's additions such as Minion Land at Universal Studios Singapore. Hong Leong IB maintains a buy rating on the stock and a target price of S$1.07. Shares are down 8.2% at S$0.73.(amanda.lee@wsj.com)

(END) Dow Jones Newswires

February 25, 2026 01:12 ET (06:12 GMT)

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