coushatta casino damage from laura(Image: Reuters)The announcement, made after the close of US markets, comes a day after the Las Vegas-based company said it expects closures of its gaming properties in states such as Illinois, Indiana, and Pennsylvania to last longer than previously expected.” MGM joins a cadre of gaming companies seeing credit ratings lowered.Cash ConcernsAnalysts are growing concerned about the cash burn rates operators are incurring while casinos across the US are temporarily closed because of the COVID-19 pandemic.online casino real money ncStill, Fitch believes the Mirage operator is going to burn more cash than expected this year due to the zero-revenue scenario now facing the gaming industry.4 billion, compared to .Adding Fixed CostsSale-leaseback deals are growing in popularity in the gaming industry because they allow operators t6 casino court torquayo monetize an asset while still maintaining exposure to a property’s upside potential.hotels near oxford casino in maine

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online gambling ebayGaAs of Wednesday evening, all domestic commercial and tribal casinos will be temporarily6 casino court torquay shuttered to prevent the spread of the coronavirus.”what is royal ace casino””MGM Resorts International (NYSE:MGM) is joining a growing list of gaming companies seeing their credit grades lowered amid the coronavirus pandemic, with Fitch Ratings trimming the Bellagio operator to “BB-” from “BB.liberty slots no

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riverwind casino jobs norman oklahoma5x, it could be vulnerable to another downgrade.For MGM, that sum is estimated to be .”The downgrade primarily reflects MGM’s decreased financial flexibility following the recent sale-leaseback transactions, as well as the severe disruption to global gaming caused by the coronavirus outbreak,” said the research firm.4 million per day.4 million per day.twin river casino vip lounge