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sunset station casino diningWynn Macau and Wynn Palace, along with the special administrative region’s (SAR) other casinos, were closed for 15 days in February because of the coronavirus pandemic.That move could be pricing in upcoming improvements in earnings before interest, taxes, depreciation and amortization (EBITDA).Good news continues piling up for Penn National Gaming (NASDAQ:PENN) investors, as Standard & Poor’s (S&P) removed the casino operator’s debt from the “CreditWatch Negative” group.best online slots real money californiaBut there are issues, there, too.However, despite the fact that S&P’s note hit the wires on the same day that the Barstool Sportsbook app launched in Pennsylvania, the ratings agency makes no mention of any of those topics.The service cited reopened properties and adequate lease coverage.free online slots nz

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four winds casino masksNamely, Sin City is now highly dependent on leisure travel from neighboring California.5x next year, which is pivotal because that threshold, if topped, could trigger a debt downgrade.While S&P pulled that dubious distinction from Penn, the research firm reiterates a “B” rating — deep into junk territory — with a “negative” outlook on the operator’s debt.coushatta casino fair 2021Rather, the research firm focused on margins and Penn’s ability to meet lease obligati5x next year, which is pivotal because that threshold, if topped, could trigger a debt downgrade.S&P took a dubious label off the operator’s credit grade today.sunset station casino events

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harrah s casino kansas city buffetHowever, despite the fact that S&P’s note hit the wires on the same day that the Barstool Sportsbook app launched in Pennsylvania, the ratings agency makes no mention of any of those topics.Regional Promise, Improving MarginsLike so many research firms, S&P is enthusiastic about Penn’s status as a regional gaming company with reduced exposure to the Las Vegas Strip.5x next year, which is pivotal because that threshold, if topped, could trigger a debt downgrade.Good news continues piling up for Penn National Gaming (NASDAQ:PENN) investors, as Standard & Poor’s (S&P) removed the casino operator’s debt from the “CreditWatch Negative” group.But there are issues, there, too.Following the coronavirus reopening, many regional operators got leaner, trimming headcount and abandoning less profitable offerings while boosting margins to Wall Street’s liking.gold coast casino italian restaurant

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