2025.12.15
lake tahoe casino ski resortWhether it’s selling bonds, tapping credit revolvers, or issuing new equity, casino operators, gaming real estate firms, device makers, and sportsbook operators are finding receptive audiences in the investment community for their capital-raising efforts.Of interest to fixed income investors considering the gaming industry that are clinging to investment-grade marks, Moody’s says 88 percent of the 33 issues it lowered to junk for the first time carried “negative” outlooks prior to those downward revisions.Among the familiar gaming names Moody’s tagged with lower grades or “negative” outlooks this year are MGM Resorts International (NYSE:MGM), William Hill (OTC:WIMHY), and Penn National Gaming (NASDAQ:PENN), among others.pechanga casino gymThis week, he unveiled Caesars for Danville, a campaign that hopes to convince area voters to approve the casino resort.Not All Bad NewsFor any company, gaming or otherwise, carrying high-yield bond ratings increases financing costs because if these firms tap debt markets, investors demand higher interest payments for what they perceive as elevated risk.42 percent.slotlady all casino action coushatta louisiana casinoslot casino mod apkOnly a simple majority backing is needed.It would also bring 900 construction jobs, and 1,300 permanent positions.Rodio — who was replaced by former Eldorado Resorts CEO Tom Reeg following the merger of the casino companies — is now leading the new Caesars Entertainment push to expand into Virginia.poker casino aucklandFormer Caesars CEO Tony Rodio (far left) celebrates with Wayne Newton at the reopening of Caesars Palace.(Image: Denise Truscello/Caesars Entertainment)It became official last week that voters in Danville will be asked during the November 2020 election whether they wish to authorize a commercial casino establishment in their city.The campaign is led by Rodio and four committee co-chairs, including Virginia Delegate Danny Marshville (R-Danville), Danville Mayor Alonzo Jones, Averett University President Dr.casino 36 foxwoods resort casino 301 qualifyingcoushatta casino seven clans buffetThe group also plans to hold events with local residents, whether in-person, should the coronavirus permit, or virtually.Not All Bad NewsFor any company, gaming or otherwise, carrying high-yield bond ratings increases financing costs because if these firms tap debt markets, investors demand higher interest payments for what they perceive as elevated risk.Gambler Ben Laparne was the first casino guest to roll the dice on June 4.Gambler Ben Laparne was the first casino guest to roll the dice on June 4.Tony Rodio led the former Caesars Entertainment corporation through its .Danville is one of the five qualifying cities.casino 85 angel of the winds casino restaurants |