Genting Singapore (G13) Q3 2025 earnings summary

Executive summary

• Revenue for Q3 2025 reached $649.8 million, up 16% year-over-year and 10% sequentially from Q2 2025, driven by improved VIP rolling volume, win rate, and non-gaming growth.

• Adjusted EBITDA for Q3 2025 was $222.7 million, a 36% increase year-over-year and 19% sequentially.

• Net profit after taxation for Q3 2025 was $94.6 million, up 19% year-over-year and 5% sequentially.

Financial highlights

• Gaming revenue for Q3 2025 was $402.3 million, up 22% year-over-year and flat sequentially.

• Non-gaming revenue for Q3 2025 was $247.3 million, up 7% year-over-year and 33% sequentially.

• EBITDA for Q3 2025 was $204.2 million, up 34% year-over-year and 14% sequentially.

Outlook and guidance

• RWS expects continued growth in visitorship and business momentum into 2026, supported by new attractions and festive activations.

• Ongoing transformation focuses on sustainability, disciplined execution, and premium hospitality expansion.