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wild horse pab casino employment” On pace for its third consecutive year of gross gaming revenue growth, and the introduction of two new casinos, and Moody’s is upgrading the credit rating for Atlantic City.Moody’s says should New Jersey itself see a downgrade, that too would likely result in a downgrade for Atlantic City.Factors that could lead to an upgrade include:Improved liquidityFurther reductions in expendituresDiversification of the economic baseMaterial improvement in tax base and resident wealth and incomeImprovement in the State of New Jersey’s ratingOn the contrary, if the gaming industry fails to support the nine casinos and one or more closes over the next year, Moody’s could downgrade its Atlantic City credit rating.turtle lake casino numberWhile the two new Boardwalk casinos are growing gaming revenues, they’free online slots 7700re also poaching from existing properties.GGRAsia, a media outlet focused on Asian gaming markets, was first to relay the outlfree online slots 7700ook.Atlantic City’s long-term issuer credit rating is being upgraded by Moody’s Investors Services from Caa3 to B2.black oak casino jackpot winners

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casino age limit 18 near me”Future FactorsIn its ratings release, Moody’s pointed to a host of factors that could lead to either another upgrade during its next review, or a downgrade. the company believes the key US market opportunity is online.Specifically, Nomura opines that better facilities would attract more affluent Chinese travelers, which in turn would lead to higher VIP play for casinos.Factors that could lead to an upgrade include:Improved liquidityFurther reductions in expendituresDiversification of the economic baseMaterial improvement in tax base and resident wealth and incomeImprovement in the State of New Jersey’s ratingOn the contrary, if the gaming industry fails to support the nine casinos and one or more closes over the next year, Moody’s could downgrade its Atlantic City credit rating.”The financial services firm says the reason for its upgrade is due to a strengthening gaming industry that saw two new casino resorts open this summer.” On pace for its third consecutive year of gross gaming revenue growth, and the introduction of two new casinos, and Moody’s is upgrading the credit rating for Atlantic City.vegas casino online no deposit bonus 2021

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