2025.09.14
hollywood casino wvEven if there is swift resolution on that front, operators will still need mainland China and Hong Kong to reopen travel to and from Macau.“For the 12 months through September 2019, It generated about 72% (or .4 billion) of adjusted property EBITDA from Macau operations.lucky creek casino no deposit codes“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.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.ble games.red stag bonus codes live casino khimholland casino online poker downloadAt least one executive has already said it’s possible the peninsula’s venues remain shuttered longer than 15 days.Even if there is swift resolution on that front, operators will still need mainland China and Hong Kong to reopen travel to and from Macau.That decision was made following confirmation of the tenth case of the respiratory virus on the Special Administrative Region (SAR).borgata casino hotel atlantic city(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.Heard it BeforeConcerns about Wynn’s corporate credit rating on the back of the novel coronavirus aren’t new.org.free online slots real money no deposit turtle lake casino showsdownstream casino joplin mo concerts“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.Penn also owns the nearby M Resort, and plans to direct its customer base to the Henderson casino that sits eight miles south of the “Welcome to Fabulous Las Vegas” sign.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.4 billion) of adjusted property EBITDA from Macau operations.The research firm has Ba3 grades on MGM and Wynn, meaning those bonds have “speculative elements and are subject to substantial credit risk.no deposit bonus casino in south africa blackjack online single player |