cashman casino communityLas Vegas Sands (NYSE:LVS), MGM Resorts International (NYSE:MGM), and Wynn Resorts (NASDAQ: WYNN) – three of the largest operators in Macau – could contend with credit headwinds in the wake of the casino closures there, says Moody’s Investors Service.“On 3 February, Hong Kong’s Chief Executive Carrie Lam Cheng Yuet-ngor announced the closure of all but two border crossings with mainland China to shut out the coronavirus, with just the Shenzhen Bay joint checkpoint and Hong Kong-Zhuhai-Macau Bridge remaining open.Lawmakers in both regions haven’t commented on when important arteries to the gaming hub could open again.sunset station casino roomsThat decision was made following confirmation of the tenth case of the respiratory virus on the Special Administrative Region (SAR).Heard it BeforeConcerns about Wynn’s corporate credit rating on the back of the novel coronavirus aren’t new.8 billion) of its total consolidated revenue (about .how to gamble gta 5 online

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raging bull casino spam emails reddit”Wynn, the operator of two venues in the SAR, reports fourth-quarter results today after the close of US markets.”Wynn, the operator of two venues in the SAR, reports fourth-quarter results today after the close of US markets.6 billion) and 76% (.twin river casino tiverton ri“Macau is located less than 40 miles to the southwest of Hong Kong and is accessible by road via the Hong Kong-Zhuhai-Macau Bridge, ferry, and helicopter, with Macau’s visitation largely dependent on tourists from mainland China,” said Moody’s.Moody’s rates LVS debt Baa3, an investment-grade mark that implies moderate credit risk.Earlier this week, Standard & Poor’s (S&P) put the company on review for a possible downgrade, noting that the firm’s leveraged balance sheet provides “limited cushion” with which to deal with virus-induced “operating volatility.r online gambling

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viejas casino bus schedule chula vistaThe research firm has Ba3 grades on MGM and Wynn, meaning those bonds have “speculative elements and are subject to substantial credit risk.Heard it BeforeConcerns about Wynn’s corporate credit rating on the back of the novel coronavirus aren’t new.At least one executive has already said it’s possible the peninsula’s venues remain shuttered longer than 15 days.”Other FactorsOver the near-term, perhaps the most crucial issue facing Macau’s gaming industry is just how long the closures will last.Rumors have been circulating for months that Penn is shopping the Tropicana, its lone casino on the Las Vegas Strip.”Other FactorsOver the near-term, perhaps the most crucial issue facing Macau’s gaming industry is just how long the closures will last.morongo casino poker room