2025.09.17
lucky tiger slots“Macau is located less than 40 miles to the southwest of Hong Kong and is accessible by road via the Hong Kong-Zhuhai-Macau Bridge, ferry, and helicopter, with Macau’s visitation largely dependent on tourists from mainland China,” said Moody’s.Moody’s rates LVS debt Baa3, an investment-grade mark that implies moderate credit risk.Macau’s casino closure effort, aimed at protecting the Special Administrative Region’s (SAR) citizens and gaming staffers from the casino 5 letter wordscoronavirus, could last beyond the expected two weeks, according to one industry executive.microsoft bicycle casino gamesMacau casino closures could present credit headwinds for US operators there.(Image: TripSavvy)Las Vegas Sands (LVS) President and COO Rob Goldstein made comments to that effect at the Nevada Gaming Control Board (NGCB) meeting held in Sin City earlier today.Earlier this week, Standard & Poor’s (S&P) put the company on review for a possible downgrade, noting that the firm’s leveraged balance sheet provides “limited cushion” with which to deal with virus-induced “operating volatility.foxwoods online sports book winstar world casino reviewscasino online trackid sp 006”Wynn, the operator of two venues in the SAR, reports fourth-quarter results today after the close of US markets.Macau casino closures could present credit headwinds for US operators there.At least one executive has already said it’s possible the peninsula’s venues remain shuttered longer than 15 days.sycuan casino phone”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.”It’s estimated that visits to the world’s largest gaming center tumbled by aboutcasino 5 letter words 80 percent last month, and Moody’s warned that if the situation becomes “protracted,” it could turn into a credit negative event for the aforementioned companies.silver oak casino coupons hard rock casino food courtdesert diamond casino upcoming shows(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.“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.At least one executive has already said it’s possible the peninsula’s venues remain shuttered longer than 15 days.The facilities are additionally allowed to include sports betting lounges.The research firm has Ba3 grades on MGM and Wynn, meaning those bonds have “speculative elements and are subject to substantial credit risk.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.blackjack casino cheating golden palace casino lier |