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Resorts World Las Vegas reports 26% first-quarter revenue growth

Results

Resorts World Las Vegas reported $209m in revenue for the first quarter, up 26% year on year and 12% from the previous quarter, according to results released by parent company Genting Berhad. Quarterly EBITDA was $50m, compared with $10m a year earlier; the company said it was prioritising VIP gaming and customer loyalty.

The results give investors and suppliers an update on the resort’s revenue, earnings and stated customer strategy.

End-of-day close Genting Berhad (3182), MYR, to 6 July 2026
Story date7 April 20266 July 2026

Latest reported results

Genting Berhad Bursa Malaysia: 3182

Quarter ended 31 December 2023

Revenue
MYR 7.27bn

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Results

Melco reports record Cyprus EBITDA as third-quarter group profit nears zero

Melco Resorts & Entertainment reported record quarterly EBITDA for its Cyprus resort and satellite casinos in the three months to 30 September 2026, while group net income fell close to zero. The company’s revenue declined 10% to US$1.17bn, and adjusted net income attributable to it was about US$6.5m, compared with about US$83.7m a year earlier; management attributed about US$14m of lower property EBITDA to poor VIP results in Macau.

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