Maybank reduces Genting Malaysia earnings forecast by 28%
By The Weekly Edge desk ·
Summary
GGRAsia reported that Maybank cut its full-year earnings projection for Genting Malaysia by 28%. The bank cited lower gaming revenue at Resorts World Genting and Genting Casinos United Kingdom.
Why it matters
The revised forecast lowers expected annual earnings for Genting Malaysia following weaker casino gaming revenue.