At Resorts World Sentosa (RWS), the completion of the Singapore Oceanarium and Weave lifestyle precinct has attracted higher foot traffic and strengthened non-gaming revenue. The group also debuted The Laurus, Singapore’s first The Luxury Collection all-suite hotel, in partnership with Marriott International.
Genting Singapore (GENS) has reported a net profit of $94.6 million for the 3QFY2025 ended Sept 30, up 19% y-o-y. On a q-o-q basis, net profit grew 5% to $89.8 million. Revenue grew 16% y-o-y to $649.8 million, while adjusted ebitda grew 36% y-o-y to $222.7 million.
Revenue and ebitda on a q-o-q basis grew 10% and 19% respectively, to $588.3 million and $187.9 million. Genting states that the uplift was driven by improved VIP rolling volume and win rates, as well as continued growth across the non-gaming business.
