2025.11.08
turtle creek casino numberS&P and rival credit firms punished Penn’s rating in March, just as the stock was starting to rebound from its coronavirus lows.Bain added that Wynn has less exposure to the Cotai Strip than rivals Las Vegas Sands (NYSE:LVS) and Melco Resorts & Entertainment (NASDAQ:MLCO), a relevant point because border expansions and new capacity could drive traffic to that area of Macau.Bain added that Wynn has less exposure to the Cotai Strip than rivals Las Vegas Sands (NYSE:LVS) and Melco Resorts & Entertainment (NASDAQ:MLCO), a relevant point because border expansions and new capacity could drive traffic to that area of Macau.free casino slot machine games to downloadGood news continues piling up for Penn National Gaming (NASDAQ:PENN) investors, as Standard & Poor’s (S&P) removed the casino operator’s debt from the “CreditWatch Negative” group.But there are issues, there, too.Namely, Sin City is now highly dependent on leisure travel from neighboring California.no deposit bonus casino bulgaria 2021 blackjack online mobileonline casino cash bonus no depositWhile S&P pulled that dubious distinction from Penn, the research firm reiterates a “B” rating — deep into junk territory — with a “negative” outlook on the operator’s debt.Some investors like Wynn stock due to Asia-Pacific exposure.Regional Promise, Improving MarginsLike so many research firms, S&P is enthusiastic about Penn’s status as a regional gaming company with reduced exposure to the Las Vegas Strip.hollywood casino amphitheatre 2021 scheduleBut its 39 other venues are primarily in regional, not destination markets.Without a coronavirus vaccine readily available, many tourists that need to fly to Las Vegas are saying “No, thanks.Rather, the research firm focused on margins and Penn’s ability to meet lease obligatiis turtle creek casino in traverse city open 9 casino gamesmohegan sun casino atlantic cityBut there are issues, there, too.In the largest US gaming center, Penn operates the Tropicana and the M Resort.Some investors like Wynn stock due to Asia-Pacific exposure.But Bain sees risks by way of a lack of liquidity among high-end players, new room supply coming to market, and a dearth of Hong Kong dollars flowing into the gaming hub because travel remains limited between the two SARs.The research firm estimates the gaming company’s net leverage ratio will decline below 7.But its 39 other venues are primarily in regional, not destination markets.cliff castle casino careers no deposit bonus ducky luck casino |