doubledown casino lobbyMoody’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.4 percent increase on 2017.Internet betting handle in New Jersey was 40 percent higher than the retail operation, it said.free slots with bonus gamesAtlantic City’s long-term issuer credit rating is being upgraded by Moody’s Investors Services from Caa3 to B2.(Image: Marianne Bermudez/Inquirer)Japanese financial services firm Nomura Holdings says in a note this week that the aging airports in the Philippines are preventing more wealthy visitors from patronizing the country’s gaming resorts.Moody’s says should New Jersey itself see a downgrade, that too would likely result in a downgrade for Atlantic City.thunder valley casino new years eve party

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free online 100 hand video pokerSpecifically, Nomura opines that better facilities would attract more affluent Chinese travelers, which in turn would lead to higher VIP play for casinos.Specifically, Nomura opines that better facilities would attract more affluent Chinese travelers, which in turn would lead to higher VIP play for casinos.“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.is hollywood casinoA flight from Shanghai, ChinaCritical 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.Frequent delays and cancellations, along with airports already serving more passengers than originally intended, are hindering foreign high rollers from wanting to travel to the Philippines to gamble.7 roulette wheel

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seneca niagara casino logoFrequent delays and cancellations, along with airports already serving more passengers than originally intended, are hindering foreign high rollers from wanting to travel to the Philippines to gamble.”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.“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.Through September, GGR is down at Borgata, Bally’s, Caesars, Harrah’s, Resorts, and Tropicana.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 creek casino wi