Daily brief
Market · Singapore · Sat 14 Nov · 3 min read · By Roland Cinco
Genting Singapore profit falls 42.2% as gaming revenue contracts
What happened
Genting Singapore reported third-quarter profit after tax of SGD54.7 million for the period ended 30 September 2026, down 42.2% year-on-year and 39.8% sequentially.
Total revenue fell 12.9% year-on-year to about SGD566.1 million, while adjusted EBITDA declined 27.4% to SGD161.8 million, according to the company announcement reported by GGRAsia.
Gaming revenue was just under SGD315.0 million, down 21.7% from the prior-year period and 21.4% sequentially, making it the larger of the two revenue categories.
Non-gaming revenue increased 1.5% year-on-year to SGD250.9 million despite reduced hotel room inventory during renovations at Resorts World Sentosa, according to the company’s results review.
The operator attributed weaker performance to softer premium gaming activity, consistent with trends in key regional markets, and an unfavourable rolling win rate in September.
Focus Gaming News reported the company estimated adjusted EBITDA would have been approximately SGD36 million higher had the rolling win rate been at a normalised level.
The same report said Genting Singapore was strengthening business development and marketing capabilities to support its premium customer strategy while continuing its resort-wide renewal programme.
Why it matters
Sources: GGRAsia, focusgn.com
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