2025.09.12
live casino new jerseyBut Bain sees risks by way of a lack of liquidity among high-end players, new room supply coming to market, and a dearth of Hong Kong dollars flowing into the gaming hub because travel remains limited between the two SARs.Namely, Sin City is now highly dependent on leisure travel from neighboring California.49 percent.brian christopher slots youtube 2020” That increases the importaviejas casino fireworks 2021nce of drive-in traffic from neighboring states, namely California.As Bain notes, California accounted for a quarter of all US jobless claims in the last week of August.5x next year, which is pivotal because that threshold, if topped, could trigger a debt downgrade.fanduel casino rewards mgm casino bonus codehallmark casino 2021 bonus codesAs Bain notes, California accounted for a quarter of all US jobless claims in the last week of August.” That increases the importaviejas casino fireworks 2021nce of drive-in traffic from neighboring states, namely California.Good news continues piling up for Penn National Gaming (NASDAQ:PENN) investors, as Standard & Poor’s (S&P) removed the casino operator’s debt from the “CreditWatch Negative” group.phone number borgata casino atlantic cityGood news continues piling up for Penn National Gaming (NASDAQ:PENN) investors, as Standard & Poor’s (S&P) removed the casino operator’s debt from the “CreditWatch Negative” group.Namely, Sin City is now highly dependent on leisure travel from neighboring California.That’s a negative at a time when the Golden State economy is still reeling from the effects of the pandemic.what is draftkings promo code desert diamond casino resortparagon casino calendarRather, the research firm focused on margins and Penn’s ability to meet lease obligatiIn the largest US gaming center, Penn operates the Tropicana and the M Resort.“Given the lack of domestic/international travel, lack of near/intermediate-term group and business events, the beginning of a long Las Vegas recovery is currently levered to California leisure traffic, which offers little visibility/reason for investor enthusiasm,” said Bain.Regional Promise, Improving MarginsLike so many research firms, S&P is enthusiastic about Penn’s status as a regional gaming company with reduced exposure to the Las Vegas Strip.That move could be pricing in upcoming improvements in earnings before interest, taxes, depreciation and amortization (EBITDA).Not Loving Las Vegas, EitherThe analyst forecasts Las Vegas, where Wynn owns its namesake integrated resort, and the Encore, will account for 22 percent of 2022 EBITDA.jamul casino number casino and resort choctaw durant |