Solid market position in its main resort and gaming business. Increasing revenue and earnings diversity. Intermediate financial risk profile, but it could be weakened if the company wins the bid to build Sentosa's integrated resort and finances it substantially by debt. Rising competition from expanding regional gaming markets. Operating and financial challenges associated with its cruise business. Single-site risk of gaming business, although that is improving with the acquisition of overseas gaming businesses. The rating on Genting Bhd. reflects its firm market position in the resort and gaming business, increasing revenue and earnings diversity, and intermediate financial risk profile. These factors are tempered by potential competitive threats from expanding regional gaming markets, operating and financial challenges from its cruise business,
