It expects Genting New York's operations to recover more strongly than for Genting's other gaming locations, such as Singapore and Malaysia. That's because the company is located at the heart of the metropolitan area of New York and has a low dependency on tourists for gaming revenue.
KUALA LUMPUR: S&P Global Ratings has assigned its 'BBB-' long-term issuer credit rating to Genting New York LLC (Genny) and with a negative oulook.
In a statement on Tuesday, it said the negative outlook on Genny reflects that on its ultimate parent, which is Genting Bhd
(Gent).
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
