2025.11.02
cliff castle casino flagstaff azBut its 39 other venues are primarily in regional, not destination markets.”An Interesting OmissionThese days, most conversations about Penn stock revolve around one or all of the following factors: iGaming, sports betting and the company’s 36 percent stake in Barstool Sports.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.harrah s casino customer serviceThe research firm estimates the gaming company’s net leverage ratio will decline below 7.The slots area at Penn National’s Hollywood Casino in Columbus, Ohio.5x next year, which is pivotal because that threshold, if topped, could trigger a debt downgrade.island view casino winners black hawk casino sacramentozynga poker fan pageNamely, Sin City is now highly dependent on leisure travel from neighboring California.Rather, the research firm focused on margins and Penn’s ability to meet lease obligatiRather, the research firm focused on margins and Penn’s ability to meet lease obligatitreasure island resort and casino amphitheater seating chartThat’s a negative at a time when the Golden State economy is still reeling from the effects of the pandemic.Wynn 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.Not Loving Las Vegas, EitherThe analyst forecasts Las Vegas, where Wynn owns its namesake integrated resort, and the Encore, will account for 22 percent of 2022 EBITDA.hallmark casino no deposit code 50 santa ana casino halloweenchoctaw casino emailNamely, Sin City is now highly dependent on leisure travel from neighboring California.But its 39 other venues are primarily in regional, not destination markets.Wynn 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.5x next year, which is pivotal because that threshold, if topped, could trigger a debt downgrade.Namely, Sin City is now highly dependent on leisure travel from neighboring California.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.mgm grand hotel casino general manager mohegan sun casino connecticut phone number |