2025.12.16
cashman casino emailMacau casino closures could present credit headwinds for US operators there.“All three companies have a significant level of consolidated cash resources, free cash flow prospects, and other forms of liquidity that can help these companies aclearwater casino diningbsorb a near-term hit to their Macau operations without impairing their respective credit profiles,” said the ratings agency.”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.boomtown casino westbank(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.At least one executive has already said it’s possible the peninsula’s venues remain shuttered longer than 15 days.He was appearing before the board for a standardfirekeepers casino layout boulder station casino maphard rock hotel and casino biloxi 4 star hotelEven if there is swift resolution on that front, operators will still need mainland China and Hong Kong to reopen travel to and from Macau.Las 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.It’s likely that analysts will press executives for some clarity on the coronavirus situation.roulette casino tattoo”Wynn, the operator of two venues in the SAR, reports fourth-quarter results today after the close of US markets.”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.“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.admiral casino zagreb poker free online slots playtachi palace hotel and casino poolSnowden confirmed interest regarding the Tropicana during the company’s call with investors.Heard it BeforeConcerns about Wynn’s corporate credit rating on the back of the novel coronavirus aren’t new.“For the 12 months through September 2019, It generated about 72% (or .(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.Documented cases of the “Wuhan virus” in Macau haven’t increased over the past two days, but on a global basis, the number has swelled beyond 25,000 and the death toll in China is 564.It’s likely that analysts will press executives for some clarity on the coronavirus situation.slot casino free downloads free online slots pompeii |