Casino operator Genting Singapore reported its third quarter profits up more than one-third after exerting more control over its VIP gambling policies.

Figures released Monday show Genting Singapore’s revenue hitting just under S$630m (US $462.5m) in the three months ending September 30, 8% higher than the same period last year. Operating profit rose 24% to S$226m while net profit attributable to shareholders shot up 35% to S$143.8m.

The company, which operates the Resorts World Sentosa integrated resort, reported gaming revenue rising 11% to S$452m, while non-gaming revenue gained 2% to S$177.1m. The company credited “stronger VIP and premium mass volume” for the gains, along with “strong” growth in its mass market electronic gaming machine business.

The VIP segment’s “respectable” gains were coupled with an “acceptable” bad debt provision ratio, thanks to “a more measured credit policy.” Genting Singapore was notorious for writing off huge sums in bad VIP gambling debts before the company tightened its lending policies. In August, the company restated its commitment to lessening its reliance on the VIP sector.