boomtown casino hotel4 percent increase on 2017.” But that’s better than Caa3, which is described as “poor quality and very high credit risk.GGRAsia, a media outlet focused on Asian gaming markets, was first to relay the outlfree online slots 7700ook.medusa 2 slots free“The Philippine gaming industry is still mostly driven by the ‘grind’ market, but improving Philippine-China relations and the possible resolution of airport bottlenecks could translate to a major bump-up in VIP business,” Nomura stated.The upgrade “reflects the material progress made by city in collaboration with the state, most notably the tax appeal settlements and budgetary improvements.The outlook remains positive,” Moody’s declared.aliante casino floor plan

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wild casino sister casinos”Future FactorsIn its ratings release, Moody’s pointed to a host of factors that could lead to either another upgrade during its next review, or a downgrade.4 percent increase on 2017.Atlantic City’s long-term issuer credit rating is being upgraded by Moody’s Investors Services from Caa3 to B2.seminole nation casino jobsThe airport served 42 million passengers in 2017, making it the 44th busiest airport in the world.While the two new Boardwalk casinos are growing gaming revenues, they’free online slots 7700re also poaching from existing properties.Factors that could lead to an upgrade include:Improved liquidityFurther reductions in expendituresDiversification of the economic baseMaterial improvement in tax base and resident wealth and incomeImprovement in the State of New Jersey’s ratingOn the contrary, if the gaming industry fails to support the nine casinos and one or more closes over the next year, Moody’s could downgrade its Atlantic City credit rating.scarlet pearl casino birthday promotions

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island view casino military discountCasinos in the Philippines would benefit with more resilient VIP high roller play if the country invested in improving its airport facilities, a research note opines this week.Moody’s says should New Jersey itself see a downgrade, that too would likely result in a downgrade for Atlantic City.”Atlantic City remains under state control.Critical Months AheadAtlantic City is coming off its best summer in years, as the June openings of Hard Rock and Ocean Resort generated excitement the beachfront town hasn’t seen in a decade.“The Philippine gaming industry is still mostly driven by the ‘grind’ market, but improving Philippine-China relations and the possible resolution of airport bottlenecks could translate to a major bump-up in VIP business,” Nomura stated.The upgrade “reflects the material progress made by city in collaboration with the state, most notably the tax appeal settlements and budgetary improvements.club player casino promotions