Genting UK has attributed its pre-tax losses to a strategic reassessment at its Resorts World location in Birmingham. The company stated that it performed "strongly" during its latest financial year, despite an increase in pre-tax losses.
Financial Performance
As one of the largest casino operators in the UK, Genting UK held 58 of the 154 operational UK casino licences as of 31 December 2025. Its latest filed accounts reveal that revenues reached £353.1 million, a rise from £323.1 million in 2024. However, pre-tax losses escalated from £2.7 million to £24.5 million over the same period. Despite the higher losses, profits also increased, moving from £24.6 million to £29.2 million.
Strategic Focus
A statement approved by the board noted that the company has "continued to perform strongly" while acknowledging the "continuing cost of living pressures on customers' discretionary spend and the ongoing impact of elevated levels of inflation on operating costs." The statement further indicated that Genting UK will now concentrate on "increasing market share in both the core and London premium/mass markets, maximising on the changes arising from the UK Government's new gambling legislation implemented in July 2025 and improving business efficiency."
Genting UK will also "continue to manage the impact of inflationary pressures on costs and customer spend."
