Operators / Genting Group
Genting Group
Operator · Genting Berhad · Kuala Lumpur, Malaysia[1]
Genting Berhad (Lim family, via Kien Huat Realty ~43.6%) is the group holding company; also controls Genting Singapore, Genting Malaysia, Genting Plantations.
Financials
Market cap $2.2B (RM9.0B) · 3182.KL on Kuala Lumpur · Oct 11, 2026[7]
| Fiscal year | Revenue (MYR) | Net income (MYR) | Year end |
|---|---|---|---|
| FY2025 | RM27.7B | −RM11.6M | Dec 31, 2025[6] |
| FY2024 | RM27.7B | RM883M | Dec 31, 2024[6] |
| FY2023 | RM27.1B | RM929M | Dec 31, 2023[5] |
| FY2022 | RM22.4B | −RM300M | Dec 31, 2022[5] |
| FY2021 | RM13.5B | −RM1.4B | Dec 31, 2021[4] |
| FY2020 | RM11.6B | −RM1.0B | Dec 31, 2020[4] |
| FY2019 | RM21.6B | RM2.0B | Dec 31, 2019[3] |
| FY2018 | RM20.9B | RM1.4B | Dec 31, 2018[3] |
| FY2017 | RM20.0B | RM1.4B | Dec 31, 2017[2] |
| FY2016 | RM18.4B | RM2.1B | Dec 31, 2016[2] |
Genting Berhad is the ultimate holding company (KLSE: GENT); figures are group consolidated totals from its own Fourth Quarterly Report press releases. net_income is profit/(loss) for the year attributable to EQUITY HOLDERS OF THE COMPANY, which excludes non-controlling interests (NCI) in partly-owned subsidiaries such as Genting Malaysia, Genting Singapore and Genting Plantations; total group profit including NCI is materially larger/different in most years (e.g. FY2025 total group profit was RM1,023.9m vs. a loss of RM11.6m attributable to equity holders). FY2020, FY2021 and FY2022 were losses attributable to equity holders; FY2025 was also a loss.
Brands
- Resorts World Las Vegas — Commercial casinos
- Resorts World Bet — Sports (online), Online casino
Reported revenue, last 12 months
Licenses
| State | Vertical | Brand | License | Status | Launched |
|---|---|---|---|---|---|
| New Jersey | Online casino | Resorts World Bet | active | [8] | |
| New York | Commercial casinos | Resorts World Catskills | Gaming Facility License | active | [9] |
| New York | Commercial casinos | Resorts World New York City | Gaming Facility License (downstate) | active | [9],[10] |
| New York | Sports (online) | Resorts World Bet | Mobile Sports Wagering Platform Provider License | active | [11] |
| New York | VGTs / VLTs | Resorts World Hudson Valley | VLT Facility License | active | [12] |
Regulatory actions
| Date | State | Action | Amount | What happened |
|---|---|---|---|---|
| Mar 20, 2025 | Nevada | Settlement Commercial casinos | $10.5M | Nevada regulators fined Resorts World Las Vegas $10.5 million and imposed AML-program and leadership conditions after an amended disciplinary complaint alleged unsuitable methods of operation from allowing illegal bookmakers Mathew Bowyer and Damien LeForbes to wager at the property without adequate source-of-funds checks.[13] |
Sources
- Genting Group · retrieved Oct 10, 2026
- Genting Berhad Fourth Quarterly Report for the Financial Year Ended 31 December 2017 · retrieved Oct 11, 2026
- Genting Berhad Fourth Quarterly Report for the Financial Year Ended 31 December 2019 · retrieved Oct 11, 2026
- Genting Berhad Fourth Quarterly Report for the Financial Year Ended 31 December 2021 · retrieved Oct 11, 2026
- Genting Berhad Fourth Quarterly Report for the Financial Year Ended 31 December 2023 · retrieved Oct 11, 2026
- Genting Berhad Fourth Quarterly Report for the Financial Year Ended 31 December 2025 · retrieved Oct 11, 2026
- 3182.KL (3182.KL) quote · retrieved Oct 11, 2026
- Internet Gaming Authorized Sites · retrieved Oct 10, 2026
- Commercial Casinos · retrieved Oct 10, 2026
- New York Gaming Commission grants final approval for three NYC casino projects · retrieved Oct 10, 2026
- Sports Wagering · retrieved Oct 10, 2026
- Video Lottery · retrieved Oct 10, 2026
- Nevada Gaming Control Board Enters Into Proposed Stipulation for Settlement with Resorts World Las Vegas · retrieved Oct 11, 2026