Resorts World Las Vegas is showing signs of a rebound following a $10.5m fine – the second-largest in Nevada history – issued earlier this year for compliance failures tied to high-risk gamblers.
Parent company Genting Berhad reported $180m in Q2 2025 revenue, up eight per cent from Q1 but still 18 per cent below the same period last year.
The company cited stronger VIP and table game volumes and modest gains in non-gaming revenue, despite weaker overall visitation and convention demand. Adjusted earnings reached $18m – double the previous quarter but far below last year’s $50m – due to higher operating costs and reduced margins.
Occupancy at the 3,500-room property dipped to 80 per cent, down from 90 per cent a year ago but slightly up from Q1. Despite fewer bookings, the resort raised its average daily rate to $265, maintaining pricing strength during weekends and major events.
Genting acknowledged the property is “progressing well” in restoring its VIP segment. The Nevada Gaming Commission’s disciplinary action in March forced Resorts World to adopt stricter anti-money laundering measures and leadership changes, some of which were already underway.
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Resorts World Las Vegas is showing signs of a rebound following a $10.5m fine – the second-largest in Nevada history – issued earlier this year for compliance failures tied to high-risk gamblers. Parent company Genting Berhad reported $180m in Q2 2025 revenue, up eight per cent from Q1 but still 18 per cent below the…
The post Resorts World Las Vegas troubles continue appeared first on G3 Newswire.