Gaming Innovation Group (GiG) has shared its Q1 earnings, showing a slight 2% year-on-year decline in revenue, which stood at €9 million, compared to 2025’s €9.1 million.
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Genting Singapore Q1 revenue declines by 3%
Genting Singapore posted its Q1 2026 earnings, revealing that revenue declined by 3% to $477.6 million, while net profit sharply dropped by 55% year-on-year to $51.2 million from $105 million.
Consistent with revenue, adjusted EBITDA dropped by another 24.1% and reached $140.8 million, with gaming revenue for the quarter falling by 7.8% to $317.4 million. On the other hand, non-gaming revenue increased by 8% to $160.4 million, supported by high visitations at locations like Universal Studios Singapore and the Singapore Oceanarium set in Resorts World Sentosa.
The company wrote in a statement:
“The ongoing conflict in the Middle East and current geopolitical developments have increased cost pressures across supply chains, including higher energy, freight, and logistics expenses, while elevated airfares are weighing on travel demand and dampening consumer sentiments. The Group is proactively addressing these challenges while also seeking to capture opportunities through targeted programming and market-focused initiatives.”
Despite the setbacks, Genting stressed that it will focus on asset optimization in order to increase revenue streams and will invest in new concepts and technological applications to improve integration for operational coherence and organizational stability.
Better Collective shared its earnings for the three months ending March 31, 2026, revealing that revenue for Q1 climbed by 5% year-on-year and reached €86.3 million.
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