S&P downgrades Genting to ‘negative’ on US, Singapore investments
S&P downgrades Genting to ‘negative’ on US, Singapore investments Summary S&P Global Ratings has revised Genting Group’s outlook to “negative”, citing elevated risk from large, ongoing capital investments in New York and Singapore. Genting New York plans a $5.5bn upgrade to turn Resorts World New York City into a full-scale casino (including a $600m upfront […]