Resorts World Las Vegas Sees 26% Revenue Surge in Strong Recovery

(AsiaGameHub) –   After a challenging period, Resorts World Las Vegas has positive updates to share, with robust growth in both revenue and earnings during the first quarter of this year.

26% Revenue Uptick

Financial results released by parent company Genting Berhad indicate that the Las Vegas resort generated a total of $209 million in revenue in the quarter, representing a 26% increase from the same period last year. This figure is also 12% higher than the previous quarter’s recorded amount.

The improvement was largely driven by a stronger convention business in Las Vegas, along with growth in hotel occupancy and casino activity.

Quarterly EBITDA hit $50 million, a significant jump from $10 million a year earlier and well above the $15 million reported in the final quarter of 2025.

Hotel performance also saw notable gains: occupancy rates rose from 82.3% to 91.5%, and the average daily room rate increased from $274 to $287.

Prioritizing Customer Loyalty and VIP Gamers

The company stated that the property experienced stronger high-end gaming activity, with increased table game volumes and healthy hold percentages during the quarter.

In a statement accompanying the results, Genting noted that Resorts World Las Vegas remains focused on rebuilding its VIP gaming business and strengthening long-term customer loyalty.

Part of this strategy involves leveraging a newly upgraded hotel management system that allows the resort to directly manage its own customer database.

According to the company, this gives the property greater flexibility to deliver personalized hotel offers and enhance the overall guest experience.

The resort has also invested in an updated casino management platform designed to better target casino customers while supporting convention and direct hotel bookings.

Genting added that Resorts World Las Vegas plans to continue expanding its high-end hosted gaming operations while investing in marketing campaigns, entertainment offerings, dining concepts, and retail experiences aimed at attracting premium visitors.

The company also highlighted broader growth in Las Vegas tourism and business travel. Data from the Las Vegas Convention and Visitors Authority showed convention attendance in the city increased by 12.3% during the quarter.

Due to its location near the Las Vegas Convention Center, Resorts World is expected to benefit from continued growth in convention traffic throughout the year. The latest results follow several years of leadership changes and operational restructuring at the property following regulatory scrutiny and compliance issues. One of the most notable appointments occurred in late 2025 when former Nevada Governor Brian Sandoval was named chairman of the resort.