Genting Singapore Limited has announced a strong set of results for the third quarter of 2025, supported by higher gaming volumes, improved win rates, and consistent expansion in its non-gaming business at Resorts World Sentosa (RWS).
For the three months ended 30 September 2025, the group recorded revenue of SGD $649.8m, representing an increase of 16% compared with the same period last year and 10% quarter-on-quarter. Adjusted EBITDA rose 36% year-on-year and 19% quarter-on-quarter to SGD $222.7m, while net profit after tax grew 19% to SGD $94.6m.
Elsewhere, gaming revenue climbed 22% to SGD $402.3m, driven by an uplift in VIP rolling volumes and improved win rate performance. Non-gaming revenue rose 7% to SGD $247.3m, reflecting stronger results from attractions, accommodation, and retail operations.
At Resorts World Sentosa, the completion of the Singapore Oceanarium and the Weave lifestyle precinct injected renewed energy into the resort, drawing higher visitor numbers and supporting non-gaming growth. In October, RWS also opened The Laurus, Singapore's first Luxury Collection all-suite hotel under Marriott International, expanding its premium hospitality offerings and strengthening its positioning as a world-class integrated resort destination.
RWS also earned multiple accolades including the Singapore Hotel Sustainability Award for Hotel Ora and continued its inclusion in TTG's Travel Hall of Fame, making it the only integrated resort in the world to achieve this distinction.
In October, RWS hosted the 17th United Nations Global Compact Network Singapore Summit as a strategic sustainability partner, welcoming over 450 delegates. The group stated that its transformation continues to be anchored on strong fundamentals, disciplined execution, and a commitment to sustainability.
Major works under the RWS 2.0 expansion project are progressing, with construction underway along the waterfront that will include an 88-metre light sculpture designed by Heatherwick Studio and the much-anticipated Super Nintendo World at Universal Studios Singapore.
The next phase of RWS development, known as Phase 4, will feature several new luxury hotel brands, a 5,000-seat theatre, extensive F&B and retail facilities, a water resort deck, and additional non-gaming amenities. Completion is expected in 2027.
Looking forward, RWS will celebrate the festive season with a large-scale activation called "Season for Good", organised in partnership with Universal Pictures, Sentosa Development Corporation, the Singapore Tourism Board, and DBS Bank. Inspired by the upcoming film Wicked: For Good, the campaign is expected to enhance destination appeal, boost visitor engagement, and maintain strong momentum into 2026.
Genting Singapore said it will continue to focus on innovation and technology, having made significant investments over the past 18 months in smart tables and data analytics systems. These initiatives aim to strengthen customer understanding and deliver more personalised experiences across all areas of the business.
The group reaffirmed its commitment to sustainable long-term growth and value creation, emphasising that its strong balance sheet and cash flow provide the foundation for ongoing expansion and reinvestment at RWS.
Genting Singapore stated that its near-term outlook remains positive as tourism flows into Singapore continue to recover, while the progress of RWS 2.0 and new hospitality offerings are expected to support further growth across both gaming and non-gaming segments.
Genting Singapore retained its 'AA' rating in the MSCI ESG Ratings and remains a constituent stock of both the MSCI SG IMI High Dividend Yield Index and the MSCI SG IMI Quality Index
