Overview Key strengths Key risks Strong support from parent company Genting Bhd. Limited record of operations. Genting group?s track record of operating integrated resorts. Single asset concentration risk. Good geographical location along Las Vegas Strip, with direct connection to Las Vegas Convention Center. Operates in a highly competitive market. RWLV receives comprehensive support from Genting Bhd. (the parent), given the company is a wholly owned subsidiary. The support includes equity to front-load construction projects. Genting Bhd. injected equity of US$85 million in December 2022 and US$60 million in the first half of 2023 to support RWLV?s refinancing exercise in 2023. In the fourth quarter of 2024, the parent contributed US$65 million in equity and US$5 million in an intercompany loan.
