Strong market position Strong cash flow, stemming from the gaming business Modest financial risk profile Some earnings concentration in its gaming business segment Potential risks from overseas expansion Evolving regulations The rating on Genting Bhd., a Malaysia-based gaming and leisure group, reflects the group's strong market position, strong cash flows, and modest financial risk profile. Genting's earnings concentration in the gaming business, potential risks from overseas expansion, and its exposure to evolving regulations temper these strengths. We view Genting's business risk profile as "satisfactory" and the financial risk profile as "modest". In our view, Genting has a strong market position. We also consider that the openings of Resorts World Sentosa (RWS) in Singapore and Resorts World Casino New York City