Strong Recovery: Resorts World Las Vegas Reports 26% Revenue Jump
Significant Revenue Growth at Resorts World Las Vegas
After facing tough times, Resorts World Las Vegas is reporting encouraging results with substantial increases in both revenue and profits during the first quarter of this year.
26% Increase in Revenue
According to the latest financial report from its parent company Genting Berhad, the Las Vegas resort generated $209 million in revenue in the recent quarter. This marks a 26% rise compared to the same quarter last year and is also 12% higher than the revenue recorded in the prior quarter.
This positive momentum was largely driven by a surge in convention business, alongside higher hotel occupancy rates and increased casino activities.
Earnings before interest, taxes, depreciation, and amortization (EBITDA) soared to $50 million, a dramatic jump from $10 million in the previous year’s quarter, and well above the $15 million posted in the last quarter of 2025.
The hotel segment also saw impressive improvements, with occupancy climbing from 82.3% to 91.5% and the average daily room rate rising from $274 to $287.
Focus on VIP Gamers and Customer Loyalty
The property experienced a boost in premium gaming activity, including increased table game volumes and strong hold percentages during the quarter.
Genting emphasized that Resorts World Las Vegas remains committed to revitalizing its VIP gaming sector and reinforcing lasting customer loyalty.
Key to this effort is the adoption of an upgraded hotel management system, enabling the resort to manage its guest database directly.
This advancement allows the resort to offer personalized hotel promotions and enhance the overall guest experience.
Additionally, the resort has implemented a new casino management platform that better targets casino patrons while supporting both convention and direct hotel bookings.
Looking ahead, Resorts World plans to expand its high-end hosted gaming operations and continue investing in marketing, entertainment, dining, and retail experiences to attract upscale visitors.
Growth in Las Vegas tourism and business travel also supports these improvements. Data from the Las Vegas Convention and Visitors Authority highlights a 12.3% increase in convention attendance in the city during the quarter.
Situated close to the Las Vegas Convention Center, Resorts World is well-positioned to benefit from ongoing convention traffic growth throughout the year.
This progress comes after several years of leadership changes and restructuring, particularly following regulatory challenges. Notably, in late 2025, former Nevada Governor Brian Sandoval was appointed chairman of the resort to strengthen compliance and governance.
