Genting Malaysia saw a very strong third quarter, with revenue up by 22 percent yearly, to nearly RM3.36 billion ($813.17 million). However, profit for the period fell by some 82 percent, to RM97.6 million ($23.62 million).
Excluding the effect of lower Forex gamins, adjusted EBITDA for 3Q25 increased by 19 percent yearly, to RM835.3 million ($202.15 million).
The group notes that its leisure and hospitality business in Malaysia – Resorts World Genting (RWG)– saw a 19 percent increase in revenue, to RM1.99 billion ($481.6 million), ‘mainly driven by higher overall business volumes in the gaming segment at RWG’. This caused adjusted EBITDA for the segment to rise by some 27 percent, to RM627.4 million ($151.84 million).
According to results from the group’s parent company Genting Berhad, Resorts World Sentosa, in Singapore, saw 13 percent revenue growth in 3Q25, rising to nearly RM2.14 billion ($517.9 million), with EBITDA up by 35 percent yearly, to RM759.4 million ($183.8 million). The group notes that ‘the uplift was driven by improved VIP rolling volume and win rate, and continued growth across non-gaming business’.
Looking to the US, the results for Resorts World Las Vegas ‘were impacted by lower visitation as well as macroeconomic uncertainty’. Overall results from the US and Bahamas saw a 64 percent increase in revenue, to RM774.3 million ($187.4 million), ‘mainly attributable to the consolidation of Empire Resorts […] from June 2025, which added RM332.8 million ($80.54 million) in revenue’. The group notes that this contributed to a 22 percent increase in adjusted EBITDA, to RM151.2 million ($36.6 million), for the quarter.
Looking ahead, the group notes that in Malaysia it will ‘capitalize on Visit Malaysia Year 2026 to drive visitation to Resorts World Genting’. The group is planning to roll out its latest ecotourism attraction – set to be ready ‘next year’.
In Singapore, the group notes that it’s ‘transformation will continue to be anchored on resilient fundamentals, disciplined execution and a keen focus on sustainability’. The group recently debuted its Oceanarium and launched The Laurus – Singapore’s first The Luxury Collection all-suite hotel.
Looking to the US, the group notes that it has submitted supplemental application materials for a New York commercial casino license, with the winning bidders expected to be announced by December 1st and licenses to be issued by December 31st.
