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Ringgit volatility sends Singapore's budget gamblers out of casinos

Singapore Business Review

It's a 17-year low for the currency.

Like its rival Las Vegas Sands' Marina Bay Sands, Genting is trying to improve its appeal to mass-market players as it battles a slowdown in its high-roller business amid weakness in the Chinese economy.

But whereas the Chinese are the major players in Singapore's VIP gaming business, Malaysians and Indonesians are its top mass-market foreign gamblers, and this sector is being hit by the regional currency fluctuations.

View the full report here.



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