palace station casino cafeCash ConcernsAnalysts are growing concerned about the cash burn rates operators are incurring while casinos across the US are temporarily closed because of the COVID-19 pandemic.(Image: CNBC)In downgrading MGM’s outlook to “negative” from “stable” – something else that’s becoming increasingly common in the casino business – Fitch questioned the wisdom of the operator’s recent Las Vegas Strip asset sales and plans to decrease its stake in MGM Growth Properties (NYSE:MGP).”big dollar casino new players2 billion in proceeds from Strip real estate sales, and recently fully drew on a .5 billion on a bank credit line to move additional cash onto its balance sheet.5x, it could be vulnerable to another downgrade.sycuan casino hotel rooms

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