5 biggest threats to Genting Singapore growth revealed

These are dragging down its potential.

"Genting Singapore growth is under threat from cautious lending to VIPs, slower local visitation due to stricter restrictions, softer tourist arrival growth, rising cost pressures from restrictions on foreign labour and tight hotel room supply," said DBS Group.

So much so that currently the research firm prefers Macau and Philippines stocks with the regional gaming space given that these foreign stocks show stronger growth potential and face lower regulatory risks.

DBS' comment came even as it expects Resorts World Sentosa's EBITDA margin to recover and Genting Singapore remains a front-runner in Japan's bidding competition in the Japan market.