Strong Recovery: Resorts World Las Vegas Reports 26% Revenue Jump

Following a challenging period, Resorts World Las Vegas has positive news to report, with strong growth in both revenue and earnings during the first quarter of the current year.

26% Rise in Revenue

The financial results released by parent company Genting Berhad say that the Las Vegas property generated a total of $209 million in revenue during the said quarter, signaling a 26% increase compared to the same period last year. The figure is also 12% higher than the one recorded in the previous quarter.

The improvement was mostly triggered by stronger convention business in Las Vegas, alongside growth in hotel occupancy and casino activity.

Quarterly EBITDA reached $50 million, a major jump from $10 million a year earlier and significantly above the $15 million reported in the final quarter of 2025.

Hotel performance also showed notable gains, with occupancy rates climbing from 82.3% to 91.5%, and the average daily room rate increasing from $274 to $287.

Customer Loyalty and VIP Gamers, a Priority

The company said the property also 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 said Resorts World Las Vegas remains focused on rebuilding its VIP gaming business and strengthening long-term customer loyalty.

Part of that strategy includes 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 improve 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 pointed to 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.

Because of 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 come after several years of leadership changes and operational restructuring at the property following regulatory scrutiny and compliance issues. One of the most notable appointments came in late 2025 when former Nevada Governor Brian Sandoval was named chairman of the resort.