Genting’s Resorts World Las Vegas (RWLV) is keen to bounce back in the VIP play department after a disappointing start to 2025. In the first quarter, revenue dipped to US$166m, down from US$214m a year earlier, largely due to fewer visitors compared to last year’s Super Bowl spike.
Key Points
- RWLV’s revenue dropped significantly from previous quarters, reflecting a need for revitalisation in its VIP offerings.
- Hotel occupancy fell from 89.1% to 82.3%, with fewer high-value guests visiting.
- The casino aims to enhance its VIP play through strategic marketing and new dining and entertainment options.
- Investment in upgraded management systems could lead to better customer experience and higher return visits.
- Efforts are underway to increase both table volumes and overall margins via operational efficiencies.
Why should I read this?
If you’re into the gambling scene or just curious about how major casinos are adapting post-pandemic, this article gives you the lowdown on Resorts World Las Vegas’s efforts to regain its former glory. They’re shaking things up to attract those high rollers again, which could signal some exciting changes in the Vegas landscape. Get in the know and see how the top players are navigating this tricky terrain!