written and last updated by
Sam Smith at
28 Nov 2025
Journalist, Editorial Department
Genting Malaysia's revenues significantly exceeded forecasts for the third quarter of 2025. The group's total revenue rose by 22% year-on-year, reaching $813 million (63.6 billion rubles). The flagship Resorts World Genting complex was the main contributor to this result, with a notable increase in gaming revenue, particularly in the VIP segment.
At Resorts World Genting, located in the Genting Highlands, total revenue from the casino and hotel increased by 19% to $474 million (37.1 billion rubles). According to company management, gross gaming revenue in the VIP category saw a quarterly increase of 21%. Hotel occupancy rates at the complex reached 98%, with 66% of guests being locals and 34% international tourists.
Positive trends were also observed in other markets. Revenue from casinos and hotels in the UK and Egypt grew by 2% to $132 million (10.3 billion rubles), bolstered by the group's acquisition of Genting Casino Stratford in London. In the US and the Bahamas, revenue surged by 64% to $187 million (14.6 billion rubles), primarily due to the merger with Empire Resorts.
One of the factors contributing to the positive results in the third quarter of 2025 was the company's opportunity to obtain a full commercial license for a casino in New York. A final decision on the application is expected on December 1. Management has already begun preparatory work, including planned renovations of hotel rooms and reallocating staff from Resorts World New York from another casino. If successful, the company aims to start generating revenue from the new establishment as early as July next year.
It is worth noting that Genting New York LLC has presented a plan for the construction of a new casino in New York.
