2025.10.07
roulette casino machineLas Vegas Sands (NYSE:LVS), MGM Resorts International (NYSE:MGM), and Wynn Resorts (NASDAQ: WYNN) – three of the largest operators in Macau – could contend with credit headwinds in the wake of the casino closures there, says Moody’s Investors Service.“Macau is located less than 40 miles to the southwest of Hong Kong and is accessible by road via the Hong Kong-Zhuhai-Macau Bridge, ferry, and helicopter, with Macau’s visitation largely dependent on tourists from mainland China,” said Moody’s.Casino closures affecting venues such as the Venetian Macau could last longer than expected, says Sands President Rob Goldstein.river spirit casino buffet menuIt’s likely that analysts will press executives for some clarity on the coronavirus situation.“On 3 February, Hong Kong’s Chief Executive Carrie Lam Cheng Yuet-ngor announced the closure of all but two border crossings with mainland China to shut out the coronavirus, with just the Shenzhen Bay joint checkpoint and Hong Kong-Zhuhai-Macau Bridge remaining open.Snowden confirmed interest regarding the Tropicana during the company’s call with investors.jamul casino zoominfo bellagio casino covid 19river spirit casino spa“Macau is located less than 40 miles to the southwest of Hong Kong and is accessible by road via the Hong Kong-Zhuhai-Macau Bridge, ferry, and helicopter, with Macau’s visitation largely dependent on tourists from mainland China,” said Moody’s.Macau’s casino closure effort, aimed at protecting the Special Administrative Region’s (SAR) citizens and gaming staffers from the live casino 22.com logincoronavirus, could last beyond the expected two weeks, according to one industry executive.He was appearing before the board for a standard licensing suitability hearing, but provided gta v casino blackjack riggedPenn also owns the nearby M Resort, and plans to direct its customer base to the Henderson casino that sits eight miles south of the “Welcome to Fabulous Las Vegas” sign.Macau casino closures could present credit headwinds for US operators there.It’s very active,” he explained.hotels near mohegan sun casino with jacuzzi in room free animated slot machine gifis four winds casino openThe facilities are additionally allowed to include sports betting lounges.”Moody’s is more sanguine in its outlook, saying that despite the 15-day casino closure policy, there will not be any impact to the ratings of LVS, MGM, and Wynn at this time.It’s likely that analysts will press executives for some clarity on the coronavirus situation.At least one executive has already said it’s possible the peninsula’s venues remain shuttered longer than 15 days.(Image: Wall Street Journal)Because of the spreading of the new coronavirus, Macau Chief Executive Ho Iat Seng on Tuesday said the peninsula’s gaming properties will be closed 15 days.(Image: TripSavvy)Las Vegas Sands (LVS) President and COO Rob Goldstein made comments to that effect at the Nevada Gaming Control Board (NGCB) meeting held in Sin City earlier today.bellagio casino marker black lotus casino no deposit bonus 2020 |