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Genting Singapore, operator of Resorts World Sentosa (RWS), has reported a 42% year-on-year decline in net profit to SG$54.7 million (US$42.5 million) in the three months to 30 September 2026, impacted by a 22% fall in gaming revenue to SG$315 million (US$245 million).<\/p>\n
Adjusted EBITDA also fell 27% to SG$161.8 million (US$126 million), with the company pointing to softer premium gaming activity, consistent with the trend observed in regional key markets, as well as an unfavorable rolling win rate in September that further impacted revenue.<\/p>\n
On a normalized rolling hold basis, Adjusted EBITDA would have increased by around SG$36 million (US$28.0 million), it added.<\/p>\n
Non-gaming performance was more resilient, with revenue increasing 1% year-on-year to SG$250.9 million (US$195 million) despite reduced hotel room inventory. Consolidated revenue was down 13% year-on-year to SG$566.1 million (US$440 million).<\/p>\n
In its quarterly update, Genting Singapore said it continues to strengthen its premium customer strategy at RWS by enhancing its business development and marketing capabilities and tapping into a \u201cvibrant calendar\u201d of programming and new openings in its lifestyle enclave, WEAVE.<\/p>\n
\u201cRWS is entering the next phase of its renewal, including the upgrading and repositioning of its hotel portfolio, as well as enhancements to its gaming areas, lounges, dining and guest spaces,\u201d the company explained. \u201cThese works will temporarily constrain operating capacity through 2027. These investments, taken together, will strengthen RWS\u2019 hospitality offering, broaden its appeal and create a more integrated destination proposition for the future.<\/p>\n
\u201cThe Group is focused on capturing year-end travel and festive demand as RWS enters the final quarter of 2026. Alongside these near-term priorities, the Group continues to advance its resort-wide renewal, reinforcing RWS\u2019 position as an integrated destination and laying the foundation for long-term growth and competitiveness.\u201d<\/p>\n<\/div>\n
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Genting Singapore, operator of Resorts World Sentosa (RWS), has reported a 42% year-on-year decline in net profit to SG$54.7 million (US$42.5 million) in the three…<\/p>\n","protected":false},"author":1,"featured_media":99136,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[2611],"tags":[],"class_list":["post-99135","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buzz-headlines","wpcat-2611-id"],"_links":{"self":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/99135","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=99135"}],"version-history":[{"count":0,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/99135\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/media\/99136"}],"wp:attachment":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=99135"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=99135"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=99135"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}