Genting Singapore Books 42 Percent Profit Decline in Q3 on Gaming Revenue Drop

Genting Singapore recorded a 42% year-on-year drop in net profit to SG$54.7 million (US$42.5 million) for the three months ended 30 September 2026. Gaming revenue contracted 22% to SG$315 million (US$245 million), according to Inside Asian Gaming. Adjusted EBITDA fell 27% to SG$161.8 million (US$126 million).

The operator pointed to softer premium gaming activity consistent with trends in regional key markets plus an unfavorable rolling win rate in September. On a normalized rolling hold basis, adjusted EBITDA would have risen by around SG$36 million (US$28.0 million). Non-gaming revenue increased 1% to SG$250.9 million (US$195 million) despite lower hotel room inventory. Consolidated revenue declined 13% to SG$566.1 million (US$440 million).

Performance Pressures in Premium Gaming

Genting Singapore continues to strengthen its premium customer strategy at Resorts World Sentosa. The effort includes enhanced business development and marketing capabilities together with a vibrant calendar of programming and new openings in the WEAVE lifestyle enclave. These steps seek to offset near-term softness observed across the broader region.

Capacity Constraints Ahead in Resort Renewal

RWS is entering the next phase of its renewal. This encompasses upgrading and repositioning the hotel portfolio plus enhancements to gaming areas, lounges, dining and guest spaces. The works will temporarily constrain operating capacity through 2027.

The group is focused on capturing year-end travel and festive demand in the final quarter of 2026. These investments aim to strengthen the hospitality offering, broaden appeal and create a more integrated destination proposition for long-term growth and competitiveness.