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Resorts World Sentosa hires a new vice president of sustainability

Resorts World Sentosa hires a new vice president of sustainability

Genting Singapore has appointed Brian Ho as vice president for sustainability at Resorts World Sentosa. He replaces Loh Su Kim.Singapore.- Genting Singapore has appointed Brian Ho as vice president for sustainability of Resorts World Sentosa (RWS).The announcement was made by Ho himself through a Li

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Resorts World Sentosa Waterfront development to be completed by 2030

Resorts World Sentosa Waterfront development to be completed by 2030

The waterfront development will include two new hotels with 700 rooms.Singapore.- Genting Singapore has forecast that work on the Resorts World Sentosa (RWS) waterfront promenade will be completed by 2030. The development will include the construction of a mountain trail, an 88m-tall light sculpture

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Maybank lowers profit forecast for Genting Singapore

Maybank lowers profit forecast for Genting Singapore

Analysts said Q3 results were below expectations.Singapore.- Analysts atMaybank have lowered their net profit forecasts for Genting Singapore by 16 to 17 per cent for the 2024, 2025 and 2026 financial years. Following the financial report for the third quarter, they said the company hadn’t met expec

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Genting Singapore suffers dip as VIP players decrease

Genting Singapore suffers dip as VIP players decrease

A fall in international visitors and VIP revenue meant that Genting Singapore suffered a dip in gaming revenue compared to the same period as last year.With a 28% decrease to SG$330m (US$250m), the biggest hit was felt at the group’s gaming revenue at Resorts World Sentosa operation, however the gro

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Singapore casinos: Genting Singapore posts revenue of US$423.5m for Q3

Singapore casinos: Genting Singapore posts revenue of US$423.5m for Q3

Revenue was down 19 per cent year-on-year and 2 per cent sequentially.Singapore.-Genting Singaporehas shared its financial results for the third quarter of the year. It posted a revenue of SG$561.9m (US$423.5m), down 19 per cent year-on-year and 2 per cent sequentially. The decrease was mainly attri

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Andrew MacDonald steps down as Genting director and RWS chief casino officer

Andrew MacDonald steps down as Genting director and RWS chief casino officer

The company said MacDonald has stepped down to pursue personal interests.Singapore.- Genting Singapore has announced that Andrew MacDonald has stepped down from his role as director and chief casino officer of Resorts World Sentosa (RWS) as of November 1. He was appointed to oversee RWS casino opera

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Casinos in Singapore: Moody’s affirms A3 credit rating for Genting Singapore

Casinos in Singapore: Moody’s affirms A3 credit rating for Genting Singapore

The rating agency has also affirmed Genting Singapore’s outlook as stable.Singapore.- Moody’s Investors Service has affirmedGenting Singapore‘s credit rating at A3, indicating upper-medium grade and low credit risk. The outlook for the company remains stable. Analysts said Upward movement of the rat

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Casinos in Singapore: Nomura expects stronger H2 performance for Genting Singapore

Casinos in Singapore: Nomura expects stronger H2 performance for Genting Singapore

Growth is expected due to a seasonal rise in non-gaming revenue.Singapore.-Resorts World Sentosa (RWS), operated by Genting Singapore, is anticipated to see growth in its financial results for the second half of the year, according tofinancial services group Nomura.The outlook is based on “a seasona

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Genting Singapore winds up Japan-based subsidiaries

Genting Singapore winds up Japan-based subsidiaries

Genting Singapore previously hoped to bid to operate an IR in Yokohama City.Japan.- Genting Singapore has announced through a company filing that seven indirect wholly-owned subsidiaries incorporated in Japan have been placed under members’ voluntary dissolution and liquidation. The subsidiaries are

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