Genting Singapore, the operator of Resorts World Sentosa, reported a 42% fall in quarterly net profit on November 12. Weaker activity among premium casino customers and unfavorable gambling results weighed on earnings, while the company warned that resort renovations would limit operating capacity through 2027.
Net profit for the three months ended September 30 fell to S$54.7 million from S$94.6 million a year earlier. Group revenue dropped 13% to S$566.1 million, with the casino accounting for the decline.
Casino Revenue Falls More Than a Fifth
Gaming revenue at Resorts World Sentosa decreased 22% to S$315 million, compared with S$402.3 million in the same quarter last year. It also fell 21% from the preceding quarter.
Genting Singapore attributed the weaker performance partly to softer premium gaming activity, which it said reflected conditions in other regional markets. September’s rolling win rate also hurt the result, meaning the casino retained a smaller share of the relevant betting volume.
That distinction matters when reading casino figures. Revenue can fall because customers gamble less, because results favor players more than usual, or through a combination of both. A 22% revenue decline does not establish that wagering volume fell by the same percentage.
Resort Revenue Outside Gambling Holds Up
Revenue from activities outside gambling edged up to S$250.9 million from S$247.3 million, despite fewer hotel rooms being available. That provided some support, but could not offset the casino’s S$87.3 million revenue decline.
The company is targeting year-end travel and holiday demand while continuing improvements to its hotels, gaming areas, lounges, restaurants and other guest spaces.
Renovations Will Affect Visitors Through 2027
For guests planning a casino resort stay, the renovation schedule has practical consequences. Genting Singapore expects the works to constrain capacity through 2027, although individual properties have different arrangements.
The resort’s hotel guidance lists Crockfords Tower as closed for renovation from October 15, 2026, with reopening expected in the first quarter of 2028. Hotel Michael remains open, but its pool and gym are temporarily closed. Registered guests can use those facilities at Hotel Ora instead.
Those arrangements make the specific hotel and available facilities worth checking before booking, particularly for visitors combining casino play with a longer resort stay.
