Genting Singapore has returned to profit, announcing SG$54.4 million ($40.4 million) Q3 2020. That’s a big improvement on their Q2 loss of SG$163.3 million (U.S.$121.2 million), but still down year over year.

Covid-19 travel restrictions continued to cut off travel to the casino, seeing the resort down 66% year-on-year. But anything had to be an improvement over Q2, which saw a suspension of operations.

That doesn’t make year-over year drops any less pretty. Revenues as a whole were down 50% to SG$301.0 million ($223.3 million), with non-gaming revenues taking the huge drop of 74%, from SG$234,607 million ($174.4 million) to SG$59.9 million ($44.4 million). Gaming revenue was also down by 41% to SG$212.9 million ($158.0 million).

Adjusted EBITDA (Earnings before interest, taxes, depreciation, and amortization) in Q3 fell 46% from 2019 to SG$149.0 million ($110.5 million), but improving from the Q2 loss of SG$84.9 million ($63.0 million) in Q2.