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casino chips(Image: Las Vegas Review-Journal)That’s the view of Moody’s Investors Service, which says in a recent report the recently announced transaction is credit negative for the gaming company.The transaction is credit negative, given the expectation for a considerable amount of lease obligations related to the transaction to come on the balance sheet (potentially higher than MGM’s consolidated 2020 rent multiple equivalent of around 11x), increasing leverage and financial risk,” said Moody’s.The 80,000-square-foot venue will additionally feature Pennsylvania’s first Barstool Sportsbook, plus a casual restaurant and bar.cache creek casino telephone number5 millionFollowing no qualifying bids in September of 2019, the firekeepers casino rv parkingPennsylvania Gaming Control Board opened up the process to principal investors in one of the state’s 13 full-scale casinos.The transaction is credit negative, given the expectation for a considerable amount of lease obligations related to the transaction to come on the balance sheet (potentially higher than MGM’s consolidated 2020 rent multiple equivalent of around 11x), increasing leverage and financial risk,” said Moody’s.89 billion in cash in a sale-leaseback deal.turtle creek casino concerts 2019

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