2025.09.18
seminole casino immokalee eventsCritical Months AheadAtlantic City is coming off its best summer in years, as the June openings of Hard Rock and Ocean Resort generated excitement the beachfront town hasn’t seen in a decade.Billions of dollars have been invested in constructing luxury properties including Solaire, City of Dreams, and Okada Manila.Casinos in the Philippines would benefit with more resilient VIP high roller play if the country invested in improving its airport facilities, a research note opines this week.doubledown fort knox casino codes(Image: Hard Rock Atlantic City)Moody’s defines B2 as “being speculative and a high credit risk.Atlantic City’s long-term issuer credit rating is being upgraded by Moody’s Investors Services from Caa3 to B2.A flight from Shanghai, Chinamohegan sun casino pocono slots kansas star casino revenuecoushatta casino hotel rooms“The Philippine gaming industry is still mostly driven by the ‘grind’ market, but improving Philippine-China relations and the possible resolution of airport bottlenecks could translate to a major bump-up in VIP business,” Nomura stated.”Atlantic City remains under state control.While the two new Boardwalk casinos are growing gaming revenues, they’slot casino downloadre also poaching from existing properties.aol free casino slot gamesThe airport served 42 million passengers in 2017, making it the 44th busiest airport in the world.Moody’s adds that the city’s recent tax dispute settlements, as well as the continued “strong oversight by the State of New Jersey,” were the driving rationale behind the credit modification.”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.pechanga casino upcoming events slot plus casino no code depositonline gambling fake moneyAtlantic City’s long-term issuer credit rating is being upgraded by Moody’s Investors Services from Caa3 to B2.Only Golden Nugget has posted a gain.Billions of dollars have been invested in constructing luxury properties including Solaire, City of Dreams, and Okada Manila.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 company believes the key US market opportunity is online.black lotus casino codes o bellagio las vegas |