Solid market position in its main resort and gaming business. Strong financial profile. Moderate revenue and earnings diversity. Single-site risk of gaming business, although initiatives have been taken to reduce the concentration. Rising competition from expanding regional gaming markets. Operating and financial challenges associated with its cruise business. Some counterparty risk in its power business. The rating on Genting Bhd. reflects its firm market position in the resort and gaming business, strong financial profile, moderate revenue and earnings diversity. These factors are tempered by the single-site risk of its gaming business, potential competitive threats from expanding regional gaming markets, operating and financial challenges from its cruise business, and some counterparty risk in its power business. Genting is a Malaysia-based investment
