Genting Singapore Q1 net profit plummets 55% to SG$65.2m
The operator’s revenue fell compared to last year but rose compared to last quarter, with adjusted EBITDA dropping 24% year-over-year.
2 min read • May 13 • By
Will Underwood
Z-Gaming
N1 Partners
DYG
1spin4win
bet365 Partners
Imagine Live
Global Gaming Awards
SmartSoft
GR8_TECH
Logifuture
Kanggiten
GammaPlus
OMNIPLAY
Bally’s Intralot
BetConstruct
AMATIC Online
JDB Gaming
ReferOn
GammaStack
Galaxsys
GammaSweep
Z-Gaming
N1 Partners
DYG
1spin4win
bet365 Partners
Imagine Live
Global Gaming Awards
SmartSoft
GR8_TECH
Logifuture
Kanggiten
GammaPlus
OMNIPLAY
Bally’s Intralot
BetConstruct
AMATIC Online
JDB Gaming
ReferOn
GammaStack
Galaxsys
GammaSweep
The operator’s revenue fell compared to last year but rose compared to last quarter, with adjusted EBITDA dropping 24% year-over-year.
Operator returns to profit despite softer March performance.
The net income figure for Q1 2026 equates to a 3931.6% increase year-over-year, while operating income rose to $771,000 after witnessing a loss of $15,000 for the first quarter of 2025.
The operator’s total profit for the first quarter of 2026 increased 48.7% to $35.4m, while DoubleDown also managed to grow adjusted EBITDA by 24% to $38.2m.
The operator also reported an adjusted EBITDA loss of $1.3m for Q1 2026, representing a 56.9% decrease from the loss witnessed during the prior year period.
The affiliate’s revenue from North America operations grew 34% to €11.7m (US$13.7m) and accounted for approximately 95% of the group’s total revenue for Q1 2026.
Q1 results from Brightstar Lottery showed modest revenue growth and improved profitability, supported by strong performance in Italy, operational efficiencies and continued investment in long-term expansion initiatives.
As Macau reports increasing numbers of visitors, it seems that the integrated casino resorts are also seeing positive results.
The operator’s profit for the period increased 45.8% for a total of $86m, while revenue from Super Group’s international segment grew 9% to $339m.
The operator also witnessed a 71.4% decrease in consolidated AEBITDA to $3.6m, while the $10.7m net loss reported for Q1 2026 represents a 270.7% increase year-over-year.