Singapore's Gambling Regulatory Authority issued a letter of censure to Resorts World at Sentosa Pte Ltd in financial year 2026. The regulator said the operator failed to implement an approved internal control; it did not disclose further details.
The censure concerns an approved control requirement for Singapore's casino operator.
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Genting Singapore reported first-quarter 2026 profit of about SGD65.2 million, down 55% year on year, while revenue fell 3% to SGD607.6 million. Gaming revenue declined 7.8% to nearly SGD403.4 million, while non-gaming revenue rose 8.3% to SGD204.1 million; the company cited higher supply-chain costs and geopolitical pressures.
The Financial Action Task Force identified illegal gambling as one of Singapore’s money-laundering threats in a mutual evaluation report released on 6 May. It also assessed the Gambling Regulatory Authority’s understanding and supervision of casino-sector risks positively, citing 16 reviews and six fines totalling nearly SG$2.7 million between 2020 and 2024.
Malaysia’s High Court in Ipoh rejected a bankruptcy petition by Resorts World at Sentosa Pte Ltd seeking to recover an alleged gambling debt of about RM26 million, reportedly equivalent to $6.6 million. The court held that the gambling-related obligation was unenforceable under Malaysian law, despite an earlier Singapore judgment registered in Malaysia, and declined to award costs against the operator.
Genting Singapore said it is well-positioned for the next assessment of Resorts World Sentosa’s gaming licence, reportedly due for renewal in February 2027. The Gambling Regulatory Authority renewed the licence provisionally for two years in February 2024, rather than three, citing the resort’s performance from 2021 to 2023.
Sri Lanka’s Ministry of Digital Economy and Telecommunications Regulatory Commission announced that internet providers had blocked 24 websites accused of offering gambling without a local licence. The authorities urged the public not to use or invest money through unauthorised platforms under the Gambling Regulatory Authority Act 2025.