2025.10.31
gold coast casino newsLingering ConcernsWith little clarity on when casinos will return to normal in the US and as visitors to Macau – Wynn’s most important market – still scant, some analysts don’t believe the company is out of the coronavirus woods quite yet.It borders seven other states, only one of which – New Mexico – currently allows sports wagering.Down the road, California could have some say in the competition.island resort and casino menu69 million residents and is one of the fastest-growing states in the region.Colorado could become one of the biggest sports betting markets in the West, according to one forecast.“Colorado regulators have been deliberate, opting for a later start date to ensure it gets its regulatory framework right,” said PlayColorado.cashman slots casino live casino usa1 free slot game”The favorable tax rate, coupled with what’s expected to be a robust online market, is helping Colorado attract big name sportsbook operators, including Circa Sports, Roar Digital and William Hill, among others.Those projections are well above some estimates floated around prior to the Prop DD, which said the state’s sports betting market could be worth billion while generating, at the high end, million in tax receipts.Lingering ConcernsWith little clarity on when casinos will return to normal in the US and as visitors to Macau – Wynn’s most important market – still scant, some analysts don’t believe the company is out of the coronavirus woods quite yet.draftkings casino vipThe Centennial State has a bright future, capable at maturity of annually generating as much as billion in bets, 0 million in gross operator revenue, and million in tax revenue,” according to forecasts from PlayColorado.Usually, bonds with shorter maturities, such as Wynn’s latest sale, carry lower interest rates.The ratings agency assigned a B1 grade to Wynn’s aforementioned debt offering, putting it well into junk territory.roulette casino 80 cm seminole casino directionslake tahoe casino rooms(Image: Bleacher Report)Last November, Centennial State voters narrowly approved Proposition DD – the ballot initiative setting the stage for legalized sports betting.Lingering ConcernsWith little clarity on when casinos will return to normal in the US and as visitors to Macau – Wynn’s most important market – still scant, some analysts don’t believe the company is out of the coronavirus woods quite yet.Colorado also has a geographic advantage in luring bettors.The ratings agency assigned a B1 grade to Wynn’s aforementioned debt offering, putting it well into junk territory.Robust appetite for the bonds comes after intense speculation in the investment community that gaming operators will face credit downgrades and some, including Wynn, will be forced to suspend dividends to allay creditors’ concerns about spending.Plenty of EnthusiasmColorado has 5.bicycle casino table games casino 777 |