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Daily Asia Gaming eBrief: Singapore watchdog slaps $1.7 mln fine on Resorts World Sentosa

Resorts World Sentosa has been fined S$2.25 million ($1.7 million) by the Singapore Gambling Regulatory Authority for failing to perform due diligence checks when receiving cash deposits. GRA already canceled the special employee licence for one of the employees involved in the breaches, and is conducting further investigations.

Singapore gaming watchdog slaps $1.7 mln fine to Resorts World Sentosa for compliance breaches

Resorts World Sentosa (RWS) has been fined S$2.25 million ($1.7 million) by the Singapore gaming regulator, the Gambling Regulatory Authority (GRA) for failing to perform due diligence checks.

Daily Asia Gaming eBrief: Resorts World Sentosa delivers heady 3Q23 results

Genting Singapore's Resorts World Sentosa saw strong results in the third quarter, with adjusted EBITDA rising by 31 percent, to $257 million, from the previous period. The group notes the rebound in tourism to the city-state has driven revenue up by a third compared to the same period of last year, with profit up nearly 60 percent.

Resorts World Sentosa’s adjusted EBITDA grew 31 percent QoQ to $257 million in 3Q23

In 3Q23, Genting Singapore’s Resorts World Sentosa (RWS) recorded encouraging results, with adjusted EBITDA growing 31 percent to SG$350.4 million ($257 million) from 2Q23.

Resorts World Sentosa to get 700 new hotel rooms, 21k in retail space: report

A subsidiary of Genting Singapore has been granted provisional approval to develop some 700 hotel rooms and over 21,000 square meters in retail space at Resorts World Sentosa.

Resorts World Sentosa appoints former STB marketing head as new senior vice president 

Chang Chee Pey, the former marketing chief of the Singapore Tourism Board (STB), has been appointed as the new Senior Vice President and Chief Experience Officer at Resorts World Sentosa (RWS).

Deputy CEO of Resorts World Sentosa resigns after just five months on the job

Resorts World Sentosa's Deputy Chief Executive Officer, Lam Yi Young, has resigned after just five months in the position.

Resorts World Sentosa drives Genting Singapore to $258mln profit in 2022

Genting Singapore has posted an 86 percent increase in profit for 2022, totaling SG$345.06 million ($258.32 million), as Resorts World Sentosa saw strong rebounds during the second half of the year.

Resorts World Sentosa to carry out large-scale deployment of solar energy

Sentosa Development Corporation (SDC) and Resorts World Sentosa (RWS) are embarking on a large-scale deployment of photovoltaic cells to harness solar energy across Sentosa island’s premises from June 2022.

Resorts World Sentosa to commence refurbishment on three hotels from this quarter

Genting Singapore has confirmed it will be refurbishing three of its hotels at Resorts World Sentosa, including Hard Rock Hotel Singapore, Hotel Michael and Festive Hotel, with works starting from 2Q22.