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is pechanga resort kid friendlyLas 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.“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.org.slot casino payout6 billion) and 76% (.“All three companies have a significant level of consolidated cash resources, free cash flow prospects, and other forms of liquidity that can help these companies absorb a near-term hit to their Macau operatioseven feathers casino kenons without impairing their respective credit profiles,” said the ratings agency.Las 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.chukchansi casino spa

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online casino real money visaThe research firm has Ba3 grades on MGM and Wynn, meaning those bonds have “speculative elements and are subject to substantial credit risk.org.Rumors have been circulating for months that Penn is shopping the Tropicana, its lone casino on the Las Vegas Strip.the golden nugget casino atlantic cityble games.Even if there is swift resolution on that front, operators will still need mainland China and Hong Kong to reopen travel to and from Macau.“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.club player casino 100 no deposit bonus codes 2021

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palace station casino locationThat decision was made following confirmation of the tenth case of the respiratory virus on the Special Administrative Region (SAR).Wynn Resorts has the highest relative exposure of the three to the Macau region,” said the research firm in a note obtained by Casino.The research firm has Ba3 grades on MGM and Wynn, meaning those bonds have “speculative elements and are subject to substantial credit risk.Lawmakers in both regions haven’t commented on when important arteries to the gaming hub could open again.”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.admiral casino blackburn

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