Genting Singapore’s profit increases 29% in H1, led by strong gaming revenue

Gaming revenue rose 28% YoY to $957.6m.

The net profit of Genting Singapore rose 29% YoY to $356.9m in H1 2024, aligned with its revenue growth.

The company’s revenue in H1 2024 was $1.4b, 25% higher than the H1 2023 record of $1.1b.

By segment, revenue improved by 28% YoY to $957.6m for gaming and 19% YoY to $333.2m for non-gaming.

The Resorts World Sentosa owner, however, said that high transport and accommodation costs and geopolitical heads affected its growth, particularly in Q2.

In Q2, the company’s adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) was weaker at $201.3m.

Genting Singapore attributed the decline to significantly lower VIP hold and the closure of the Hard Rock Hotel for renovations and rebranding.

Follow the link for more news on

Genting Singapore Limited

Financial Statements

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia