Genting Berhad plans to shift the points of emphasis at Resorts World Las Vegas to mass market players and convention business following tepid first-quarter results at the Strip venue.
The $4.3 billion venue, which turns two years old next month and is the newest Strip integrated resort, posted revenue in the first three months of 2023 of $218 million, down from $227 million in the prior quarter. Earnings before interest, taxes, depreciation and amortization rose to $50 million from $47 million.
The $4.3 billion venue, which turns two years old next month and is the newest Strip integrated resort, posted revenue in the first three months of 2023 of $218 million, down from $227 million in the prior quarter. Earnings before interest, taxes, depreciation and amortization rose to $50 million from $47 million.