Tag: Resorts world sentosa

The operator of Resorts World Sentosa acknowledged that international visitor arrivals to Singapore “will be unlikely to return in the near term”.

Following a tough 2020, Genting’s chairman and CEO Lim Kok Thay highlighted the opening of Genting SkyWorlds in Malaysia later this year, together with the firm’s investment in an expansion to its Singapore property Resorts World Sentosa. Nevertheless he warned that the company will continue to face “significant challenges” in 2021.

Marina Bay Sands and Resorts World Sentosa were granted permission to reopen at the start of July.

The government in Singapore has extended the exclusivity period for Marina Bay Sands and Resorts World Sentosa until the end of 2030, while a new two-tiered

Resorts World Sentosa operator Genting Singapore reported net profit of SGD177.6m ($129.6m) for Q2 2018, compared to SGD143.3m in the same period last year. The improvement in profit was despite a six percent decline in revenue, the company said in filing on 3 August. Genting Singapore reported gaming revenue of SGD406. 1m for the three months to 30 June, down...