Cash PositionGenting Singapore has a strong net cash position and robust free cash flow generation, which could support higher dividends if necessary.
Casino LicensingGenting Malaysia's New York casino application is among the proposals recommended for approval, potentially allowing for a 3-4 year effective monopoly in the New York gaming market.
Non-Gaming Revenue GrowthThe growth in non-gaming revenue, driven by new attractions at Resorts World Sentosa, indicates a positive outlook for Genting Singapore's profitability.