Loading Page...

What is Genting Singapore credit rating?

Fitch Ratings - Singapore - 20 Sep 2023: Fitch Ratings has affirmed the Long-Term Issuer Default Rating (IDR) on Genting Berhad (GENT) at 'BBB', and the IDRs of its wholly owned subsidiaries Genting Overseas Holdings Limited (GOHL) and Resorts World Las Vegas LLC (RWLV) at 'BBB' and 'BBB-', respectively.



As of early 2026, Genting Singapore (the operator of Resorts World Sentosa) maintains a very strong credit profile, typically rated in the 'A' category (e.g., A- by S&P or A3 by Moody's) or equivalent by major financial analysts. In February 2026, DBS Bank upgraded its outlook on the company, highlighting its "huge net cash position" as a primary strength. While the company is currently undergoing a massive S$6.8 billion expansion (RWS 2.0), its balance sheet remains resilient with significant liquidity and modest debt. Analysts note that Genting Singapore operates in a stable duopoly within the high-margin Singapore gaming market, providing it with significant "pricing power" and high barriers to entry. Although earnings in late 2025 were slightly below some aggressive estimates due to a slower-than-expected recovery in luxury room rates, the company's overall "Smart Score" remains high at 4.0 out of 5. This rating reflects a company that is well-positioned for long-term growth and consistent dividend payments, making it one of the most financially stable gaming operators in the Asia-Pacific region.

People Also Ask

Singapore is the second most expensive city in the world, according to the EIU Cost of Living 2021 survey. Singapore is the second most expensive city in the world, according to the EIU Cost of Living 2021 survey.

MORE DETAILS

High standard of living: Singapore consistently ranks highly in global indexes for quality of life. It has a stable political environment, low crime rates, and efficient public services. The country also has a strong economy, with low unemployment and high salaries compared to other countries in the region.

MORE DETAILS

Made up of Chinese, Malay, Indian and various other ethnicities, cultural heritage is what makes Singapore, Singapore — a congregation of different cultures coexisting in one congenial space. Cultural heritage is an important part of a Singaporean's identity.

MORE DETAILS

Competitor comparison
  • Hotel Properties Ltd Headquarters. Singapore. No. of employees. 4,394. Revenue. ...
  • Banyan Tree Holdings Ltd Headquarters. Singapore. No. of employees. 4,617. Revenue. ...
  • Bonvests Holdings Ltd Headquarters. Singapore. No. of employees. 2,106. Revenue. ...
  • Amara Holdings Ltd Headquarters. Singapore. No. of employees. WXYZ.


MORE DETAILS

The company owns a resort, Resorts World Sentosa, which comprises casinos, adventure cove waterpark, Universal Studios Singapore theme park, Michelin-starred restaurants, MICE facilities, S.E.A.

MORE DETAILS