Genting Singapore continues to incur higher costs as it undergoes a multi-year expansion and refurbishment even as it keeps operating in a "live" environment in a key "transition" year.
Genting Singapore, which operates the Resorts World Sentosa, has reported a 33% drop in its FY2025 earnings to $390.3 million, on the back of a 3% dip in revenue to $2.45 billion.
For the full year, gaming revenue was down 6% to $1.6 billion while non-gaming revenue was up 3% yo $847.8 million, thanks to the launch of Illumination’s Minion Land at Universal Studios Singapore in February 2025 and the phased introduction of the asset refresh initiatives in the second half of the year, including the Singapore Oceanarium and the new lifestyle mall WEAVE.
