Results1 min read
Genting Singapore reported Q3 2026 revenue of S$566.1 million, down 13% year on year. The available company-results excerpt gives no further financial details.
Genting Singapore's revenue reportedly fell 13% to S$566.1m (about €394.4m) in Q3 2026.
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All seven candidates in Yokohama’s mayoral election have ruled out seeking an integrated resort with a casino, according to reports. The election is scheduled for 18 October, ahead of Japan’s next application window for up to two casino-resort licences, expected to run from May to November 2027. Yokohama did not join the first application round.
Fitch said slower earnings growth and heavy capital spending are keeping leverage high among gaming operators in Asia-Pacific, with recent downgrades linked to company-specific pressures. It expects Genting Bhd's net leverage to remain above 4.0 times over the next three years and Genting New York's annual capital spending to average around US$800 million over the medium term.
Independent candidate Kazuma Nakatani has pledged to seek a Yokohama ordinance prohibiting casino construction if elected mayor. The campaign promise would maintain the city’s existing policy against pursuing casino development; voting is scheduled for 18 October.
Yokohama mayoral candidate Kazuma Nakatani said he would keep casinos out of the city and seek a local prohibition ordinance if elected. He plans to discuss the measure with the city assembly, with the stated aim of preventing casino development procedures from advancing without residents’ knowledge.
Moody’s Ratings expects gaming revenue across Asia to increase by about 5% to 6% over the next 12 to 18 months, according to its sector report. It forecasts Macau GGR growth of 6% in 2026 and 4% to 5% in 2027, while Southeast Asian gaming revenue is expected to grow at a single-digit rate in both years.