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My take on Sea Limited Q1 2020

Considering the above-said, the future of the local gambling industry does not look so bright. At the time when the changes were announced, the Ministries involved said they expect the measure to help them put some limits to impulsive gambling because of which many local players have been gambling uncontrollably. Financial reports have shown that both Marina Bay Sands and Resorts World Sentosa have initially made considerable investments in the local gambling sector that have been supported by further investments in various tourism and infrastructure projects at a later stage. The company has revealed that it has been really successful in attracting VIP customers from the region and beyond. Prior to joining our team at CasinoGamesPro, he worked as an editor for a small magazine.{/INSERTKEYS}{/PARAGRAPH} Furthermore, it confirmed that it remains on track with its intention to boost its growth within the Asian market. As revealed in a recent filing by the company itself, its third-quarter net profit suffered a significant decline by almost one-fourth in comparison to the result registered in the same period a year earlier. Harrison Young 1st January am. News Harrison Young is an experienced writer, who started his career almost 8 years ago. Home News. Genting Singapore Suffers a Relatively Weak Performance in First Nine Months The projection has been made after the investment bank analyzed the performance of Genting Singapore in the first nine months of the ongoing fiscal year. {PARAGRAPH}{INSERTKEYS}Over the last few years, Singapore has risen as a great destination location for affluent gamblers who are willing to access various gambling services and excellent quality accommodations. To make things worse for Genting Singapore, the mass market win rate has been brought back to normal 2. Lately, problem gambling rates in Singapore have been found worrying by analysts, despite the gambling addiction rates have fallen according to a survey held by the National Council on Problem Gambling. In addition, a total of 67, active exclusions from casinos were made by the end of Only 3. The projection has been made after the investment bank analyzed the performance of Genting Singapore in the first nine months of the ongoing fiscal year. Despite the prosperous local gambling sector and the rapid increase in popularity among foreign customers, some experts have shared concerns that the success of Singaporean gambling hubs may face a decline in the near future. Family members of problem gamblers initiated more than Despite the measure that is aimed at tackling the spreading popularity of gambling , the casino companies consider an expansion that would provide them with an exclusivity period until to offer their gambling services in Singapore. Back in November, Genting Singapore has made an attempt to eliminate the rising concerns in a filing with the Singapore stock exchange.