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Local gamblers drive Genting Singapore back into the black with 3Q earnings of $54.5 million

The Edge Singapore
The Edge Singapore • 2 min read
Local gamblers drive Genting Singapore back into the black with 3Q earnings of $54.5 million
Genting Singapore reiterates its commitment to develop the $4.5 billion mega expansion for RWS announced last September
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Casino operator Genting Singapore has staged a strong sequential recovery between 2Q and 3Q ended Sept 30, as lockdown measures were eased somewhat.

In a quarterly business update on Nov 14, the company, which operates Resorts World Sentosa reported earnings of nearly $54.5 million for 3Q, compared to losses of $163.3 million in the preceding quarter ended June 30.

Revenue for 3Q was $300.1 million, versus just $41.3 million in 2Q.

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