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Resorts World Sentosa Performance Boost

Resorts World Sentosa Performance Boost
November 22, 2010

Genting Singapore has announced that Resorts World Sentosa (RWS) generated SG$732 million in revenue and pre-tax profits of SG$346.5 million for the third quarter of this year.

It has also revealed details of new attractions to further improve Universal Studios Singapore. Popular ride Battlestar Galactica, which has been suspended from operations since March, will re-open in the first half of next year along with the Madagascar themed show and a new ride based on the Transformers movie franchise.

Singapore analysts suggest that RWSâs performance is ahead of rival entertainment resort Marina Bay Sands (MBS). Which last months announced revenues of SG $631 million, making a pre-tax profit of $315 million for the period ended 30th September - its first full quarter of operations since opening in April.

MBS owners Las Vegas Sands enjoyed a higher profit margin of 49.7%, compared to RWS' 47% over the same period, even though RWS had a head start after opening in phases from January. 

19th July 2010 - ASIAN ATTRACTIONS EXPO MOVES TO SINGAPORE IN 2011 

16th July 2010 - TAJ MAHAL NAMED IAAPA’S MOST POPULAR ASIAN ATTRACTION 

24th May 2010 - US GAMING COMPANY BETS LARGE ON SINGAPORE AND ASIA

29th April 2010 - GLOBAL STUDY SHOWS RESILIENCE IN THE THEME PARK INDUSTRY


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