2025.09.12
golden nugget laughlin hotel casino laughlin nv usaDespite the success of the sports book at Meadowlands, the company believes the key US market opportunity is online.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.PPB said it estimated some 30 percent of bets were coming from New York State residents.tropicana resort and casino laughlin(Image: Hard Rock Atlantic City)Moody’s defines B2 as “being speculative and a high credit risk.Moody’s says should New Jersey itself see a downgrade, that too would likely result in a downgrade for Atlantic City.“ DSF operations “continued good customer acquisition and New Jersey player activity levels [were] performing in line with national trends,” PPB said.seneca niagara casino hotel check in time desert diamond casino buffet tucson azsilver oak casino promoInternet betting handle in New Jersey was 40 percent higher than the retail operation, it said.Other issues that could reverse this week’s upgrade is if the town fails to develop and adopt more fiscally sound budget plans, further strains its finances, defaults jamul casino eventson debt obligations, or withdrawals from the state’s oversight.While that’s good news for the region, the new classification is a mark that still ranks below “investment grade.ruby bolts e ge trackerPPB said it estimated some 30 percent of bets were coming from New York State residents.”The bookmaker now expects full-year earnings to come in between £465 million (4 million) and £480 million (3 million) — up from between £460 million (7 million) and £480 million previously.Despite the success of the sports book at Meadowlands, the company believes the key US market opportunity is online.desert diamond casino phoenix hollywood casino toledo buffetcache creek casino careersThe outlook remains positive,” Moody’s declared.5 million in bets per day in October, making it “one of the biggest sports betting outlets in the world.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.The next year couple of years are likely to be the sports book’s golden period, before New York State enacts laws to regulate sports wagering, as it will attempt to do next year.“ DSF operations “continued good customer acquisition and New Jersey player activity levels [were] performing in line with national trends,” PPB said.PPB said it estimated some 30 percent of bets were coming from New York State residents.keith urban soaring eagle casino resort july 18 riverwind casino exit |