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.

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.

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.

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.

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.

Singapore is looking ahead to the future, with Sentosa Island already seeing two-thirds of its pre-pandemic tourism, as expectations rise for the future. But 2024 appears to be the year for the gaming hub to shine, with multiple new offerings coming online, including a new Raffles hotel and a new strong non-gaming component.

Sentosa island has reported almost two-thirds of its pre-pandemic visitor volume and should recover to pre-pandemic numbers in "one to two years", the CEO of the public entity responsible for the tourist island told Asia Gaming Brief.

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).

Hotel conglomerate Shangri-La Group has added a new entertainment complex, as well as three new beach clubs, to its list of attractions in Singapore’s Sentosa island, The Strait Times has reported.

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