2025.11.02
cashman casino home page(Image: Reuters)First, the offering was upsized from 0 million, indicating demand for the notes was robust, even though corporate debt markets are under stress.Earlier this week, Wynn Resorts (NASDAQ:WYNN) sold 0 million of corporate notes coming due in 2025 with at an interest rate of 7.For example, one credit rater graded Wynn’s latest sale at B1, which is deep into junk territory, meaning a higher coupon for investors.bellagio casino colombo ownerNearly half of that capital has been drawn by consumer discretionary companies – the sector in which gaming operators reside.The rub is at what terms casino companies will have to issue bonds, should they choose that avenue to raise capital.On March 26, chumba casino win lob statementCasino.ruby slots no deposit bonus codes new buffalo four winds casinofirekeepers casino phone numberWith the industry under duress caused by the coronavirus outbreak, creditors will likely demand added compensation for what they perceive to be elevated risk.Other Avenues For CashOver the past month, gaming companies, including Caesars Entertainment Corp.Earlier Friday, the Massachusetts Department of Public Health reported 70 coronavirus deaths on Thursday, bringing the state’s total to 503.chumba casino mastercardWynn Resorts’ recent bond sale could be a big positive for other operators.“While not everyone will be as successful as Wynn Resorts, we think it is important to remember that there is real money demand for quality businesses with good assets and proven management teams.Americans are becoming restless.free online 3 card poker palace station hotel e casinocasino madrid poker onlineWith Wynn being successful in its latest bond sales, DeCree says rivals could soon test the waters, too.“It doesn’t surprise us that Wynn Resorts was the first deal out of the gate as a well-known seasoned issuer with a long history of timely and successful capital-markets activity.Earlier Friday, the Massachusetts Department of Public Health reported 70 coronavirus deaths on Thursday, bringing the state’s total to 503.”Good TimingWynn Resorts has billion in liquidity, positioning it to survive for 1.Several states with previously high marks saw their grades lower.(Image: EPA)The Unacast COVID-19 Social Distancing Scoreboard for the most recent data gives the country a nationwide “B” average.firekeepers inn casino online casino host |