2025.10.09
chinook.winds casinoAtlantic City’s long-term issuer credit rating is being upgraded by Moody’s Investors Services from Caa3 to B2.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.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.mohegan sun slot games148 billion, which is a 5.Only Golden Nugget has posted a gain.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.boomtown casino biloxi mibibippi phone number eldorado casino reno buffetriverwind casino beats and bitesAtlantic City’s long-term issuer credit rating is being upgraded by Moody’s Investors Services from Caa3 to B2.Specifically, Nomura opines that better facilities would attract more affluent Chinese travelers, which in turn would lead to higher VIP play for casinos.Moody’s says should New Jersey itself see a downgrade, that too would likely result in a downgrade for Atlantic City.the peppermill casino wendoverThe outlook remains positive,” Moody’s declared.” On pace for its third consecutive year of gross gaming revenue growth, and the introduction of two new casinos, and Moody’s is upgrading the credit rating for Atlantic City.Airports Need Liftoff Manila’s Entertainment City, home to the largest integrated casino resorts in the Philippines, is less than two miles from the Ninoy Aquino airport.roulette casino a vendre d occasion when is four winds casino opening upcasino extreme 100 no deposit bonus” But that’s better than Caa3, which is described as “poor quality and very high credit risk.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.(Image: Hard Rock Atlantic City)Moody’s defines B2 as “being speculative and a high credit risk.The airport served 42 million passengers in 2017, making it the 44th busiest airport in the world.Moody’s says should New Jersey itself see a downgrade, that too would likely result in a downgrade for Atlantic City.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.foxwoods resort casino employment scarlet pearl casino biloxi buffet |