Genting Singapore is expected to sharpen its operational performance at Resorts World Sentosa (RWS) following a series of senior management appointments and the completion of major renovations, according to an assessment by DBS Bank.
The report highlights the arrival of Si Chen as Chief Operating Officer in November 2025. Chen, formerly head of INSPIRE Entertainment in South Korea, is credited with steering that resort to profitability within its first year.
DBS said the executive’s experience and network could help RWS attract international events and high-value customers from markets including Russia, Taiwan and Japan. ‘We believe Chen’s appointment will help RWS to strengthen its international appeal and broaden its customer base,’ the bank noted.
Other hires, such as Lena Lee – who joined as Executive Vice President for Attractions and Destination Experience in January are expected to boost the property’s attractiveness. Previously with Universal Studios Japan, Lee is expected to reinvigorate Universal Studios Singapore, which has struggled to maintain visitor momentum.
DBS wrote: ‘Lee’s track record in revitalizing attractions is encouraging, and her leadership could be pivotal in refreshing the destination experience at RWS.’
The bank added that Genting Singapore’s renovations at RWS are largely complete, positioning the resort to defend and potentially expand market share in 2026.
It also pointed to strong Chinese New Year tourism and increased flight capacity from China as factors likely to boost gaming volumes in the first quarter. ‘With the bulk of renovations behind them, RWS is better placed to capture incremental demand,’ the report stated.
Industry trends also appear supportive. While Genting Singapore has ceded some market share to rival Marina Bay Sands, DBS said the broader gaming environment remains constructive, reducing concerns of a repeat of the sharp volume decline seen in late 2024.
The bank expects Genting Singapore’s EBITDA to rise modestly this year, driven by stronger gaming contributions, though softer hotel room rates may weigh on profitability.
‘Operational improvement is required to sustain higher performance, but early signs are encouraging,’ DBS concluded.
