2025.09.14
wild aces casinoBut 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.The research firm estimates the gaming company’s net leverage ratio will decline below 7.(Image: Associated Press)Companies on the CreditWatch Negative list are often financially strained, frequently sport non-investment grade credit ratings, and are at risk of further downgrades.nearest casino from this location“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.” That increases the importais hard rock casino tulsa pet friendlynce of drive-in traffic from neighboring states, namely California.However, despite the fact that S&P’s note hit the wires on the same day that the Barstool Sportsbook app launched in Pennsylvania, the ratings agency makes no mention of any of those topics.scarlet pearl casino hosts seneca niagara casino employee loginbovada casino best oddsThe research firm adds that although Penn’s revenue could be crimped because it’s operating below capacity in many markets, that’s not a warning sign, because “We believe the historical peak utilization rates in many markets were below theseis hard rock casino tulsa pet friendly limits.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.But there are issues, there, too.sam s town casino bowling alleyThat 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.Rather, the research firm focused on margins and Penn’s ability to meet lease obligatihard rock casino spa gold coast casino airport shuttlenearest casino harrogate”An Interesting OmissionThese days, most conversations about Penn stock revolve around one or all of the following factors: iGaming, sports betting and the company’s 36 percent stake in Barstool Sports.But there are issues, there, too.5x next year, which is pivotal because that threshold, if topped, could trigger a debt downgrade.”An Interesting OmissionThese days, most conversations about Penn stock revolve around one or all of the following factors: iGaming, sports betting and the company’s 36 percent stake in Barstool Sports.That’s a negative at a time when the Golden State economy is still reeling from the effects of the pandemic.Bain added that Wynn has less exposure to the Cotai Strip than rivals Las Vegas Sands (NYSE:LVS) and Melco Resorts & Entertainment (NASDAQ:MLCO), a relevant point because border expansions and new capacity could drive traffic to that area of Macau.live casino blackjack big fish casino supplemental payment |