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Genting Singapore nearly doubles 1QFY2024 earnings thanks to visa-free travel between China and Singapore

The Edge Singapore
The Edge Singapore  • 2 min read
Genting Singapore nearly doubles 1QFY2024 earnings thanks to visa-free travel between China and Singapore
Artists' impression of the RWS's upcoming waterfront development / Image: Genting Singapore / Resorts World Sentosa
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Genting Singapore has reported earnings for 1QFY2024 that has nearly doubled that of the year earlier.

For the three months ended March, earnings surged 92% y-o-y to $247.4 million, on the back of a 62% jump in revenue to $784.4 million.

Growth in gaming revenue hit 69%, or $576 million, outpacing the growth in non-gaming revenue, which increased by 44% y-o-y to $208.3 million.

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