morongo casino live music(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.That cannibalization would have been, in our view, very significant,” explained Eric Schippers, Penn National’s senior vice president of public affairs.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.royal ace casino bonus7 billion, including cash and revolver access, giving it one of the strongest balance sheets in the gaming industry. (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.is pechanga casino open today

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