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nearest casino to daytona beachLed by CEO Jay Snowden, Penn National is turning around following sharp equity price declines.Earlier this month, Wynn Macau, the holding company for the two integrated resorts there, said it can’t yet forecast the impact the COVID-19 outbreak will have on 2020 financial results.Ominous OutlookMoody’s new rating of B1 on Penn is considered speculative and bonds with that mark are judged sycuan casino free playto be of “high credit risk.t a couple of weeks before the company decided to temporarily close its two Las Vegas Strip properties and Encore Boston Harbor to prevent spreading of the coronavirus.At the end of last year, Penn had 7 million in cash, and this monthsycuan casino free play, the company fully drew down a 0 million bank line of credit, according to Moody’s.Penn National Gaming (NASDAQ:PENN) is extending a jaw-dropping run that has seen the embattled gaming stock more than triple off its 52-week low notched last week, even as Moody’s Investors Service lowered the operator’s credit rating deeper into junk territory.harrahs casino rules