The recovery is underway at Resorts World Las Vegas, with the company reporting a 26% year-on-year and 12% quarter-on-quarter increase in revenue at the property to US$209 million in 1Q26.
The improvement was, according to owner Genting Berhad’s Q1 financial information, largely due to increased convention business momentum in Las Vegas.
EBITDA for the quarter also reached $50 million, up from $10 million a year earlier and from US$15 million in 4Q25.
This was aided by hotel occupancy climbing from 82.3% to 91.5% and average daily rate also up from $274 to $287. Genting added that RWLV saw improvements in high-end play with increased table volumes and hold percentage within range.
