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downstream casino kansasWynn Resorts (NASDAQ:WYNN) and its Macau unit probably won’t encounter issues when asking lenders to relax debt covenants, assuming the company does so.Dividend Could be DashedIn late March, Wynn Macau, the holding company for two integrated resorts in the world’s largest gaming center, said it won’t pay a dividend for 2019, a decision that could be looked at favorably by lenders when it comes to cutting the operator some leeway on its debt covenants.“We think the recent decision from Wynn Macau [Ltd] to suspend the dividend implies… [a] Wynn [Resorts] dividend for the second quarter 2020 is unlikely, and we would anticipate a potential special dividend over the medium term, should [trading] conditions begin to firm,” said Santarelli.red stag casino promo codeBack in Las Vegas, casinos are donating money to the state’s coronavirus task force.Steve Sisolak (D) formed the COVID-19 Response, Relief & Recovery Task Force to assist with providing the medical community and first responders with adequate PPE supplies.But the operator could suspend its second-quarter dividend in order to save cash.l auberge casino table games

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hollywood casino 777 hollywood blvd(Image: Governor Steve Sisolak)Nevslot vibe casinoada Gov.The company last cut its payout in 2015 and has a history of issuing special dividends, having done so eight times, with the last coming in 2014.The funds are used to source PPE materials, including surgical masks, N9535 billion in cash on hand.We do not believe covenants will be an issue in Macau or domestically, given the flexibility/optionalitslot vibe casinoy provided by the covenants,” said Deutsche Bank analyst Carlo Santarelli in a recent note.In the last three months of 2019, Wynn Macau and Wynn Palace combined for 7.turtle creek casino tripadvisor