Singapore IRs Fill Top Two Spots In Global Casino Profitability

Having each generated more than US$1bn in adjusted property EBITDA in the first nine months of the year, Singapore’s two integrated resorts (IRs) currently represent the most profitable gaming properties in the world.

Genting Singapore earlier this month reported that its Resorts World Sentosa (RWS) IR, which on January 20, 2010 became the first of Singapore’s casino duopoly to open, generated adjusted EBITDA of S$375.3m (US$289.9m) in the third quarter, up 7.4 percent year-on-year.

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