Content Writer: Janice Chew • Monday, 25/11/2025 - 16:36:22 - PM
Genting Singapore reported a significant improvement in third-quarter 2025 results, with revenue at Resorts World Sentosa (RWS) rising by 16% year-on-year to S$649.8 million (US$473 million). Adjusted EBITDA rose by 36% to S$222.7 million (US$162 million), while net profit after tax reached S$94.6 million (US$69 million), representing a 19% year-on-year gain.
This improvement was powered not just by gaming recovery but increasingly by stronger non-gaming segments. Visitor numbers at RWS climbed as attractions such as the newly launched Singapore Oceanarium and the lifestyle precinct WEAVE helped drive increased footfall across hospitality, retail and attractions. At the same time, VIP gaming rolling volumes and win rates also improved, contributing to the overall upswing.
While the short-term financials look healthier, RWS remains in the midst of its “RWS 2.0” redevelopment programme, designed to transform the resort into a next-generation integrated destination. Analysts note that disruption from the renovation works weighed on prior quarters’ performance — in Q2 the resort’s market share dropped to historic lows — but the recent quarter suggests momentum is building for the next phase.
Looking ahead, management expressed confidence that the full benefits of the redeveloped assets will emerge in upcoming quarters, with further non-gaming enhancements and luxury hospitality offerings expected to bolster RWS’s competitiveness and revenue mix.