Genting Singapore Limited has reported a stable revenue of $1.2b for the first half of 2026, buoyed by a 6% increase in non-gaming revenue despite a 4% decline in gaming revenue. The company announced an adjusted EBITDA of $389.8m, marking an 8% decrease from the previous year, largely due to higher depreciation and lower interest income.
The company’s flagship, Resorts World Sentosa (RWS), showed resilience with a 12% year-on-year improvement in adjusted EBITDA, reaching $210.8m in the second quarter. This growth was supported by new attractions and operational resilience, even as tourism arrivals moderated and consumer spending became more cautious.
RWS is undergoing a transformation, with plans to refresh and upgrade key facilities, including Hotel Michael and Crockfords Tower, to enhance guest experiences. New and revitalised facilities are expected to be introduced progressively through 2027 and 2028. The resort’s retail enclave, WEAVE, recently received the Outstanding Retail Experience award at the Singapore Tourism Awards 2026.
Chairman and Acting CEO Tan Sri Lim Kok Thay stated, “RWS has entered a new chapter. With a new committed and energised leadership team and a clear transformation roadmap, we are now building a bold, dynamic and innovative resort.”
The Board of Directors has declared an interim dividend of 2.0 cents per share, reflecting a commitment to stable shareholder returns whilst maintaining financial flexibility for ongoing capital commitments. RWS 2.0 is on track for completion by 2030, aligning with the Greater Sentosa Master Plan.
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