Genting takes a hit from Resorts World temporary closure in Q3

“In view of the increasing visitor turnout at RWG since its re-opening, the group will ramp up its operational capacity by leveraging existing assets,” Genting said in a statement.

KUALA LUMPUR: Genting Bhd reported wider losses in the third quarter due to the temporary closure of Resorts World Genting (RWG), as well as higher depreciation and net finance costs associated with the opening of Resort World Las Vegas (RWLV).

The group, however, “is encouraged by the positive reception” after the resumption of business at RWG since Sept 30.