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choctaw casino hotel dealsRent Due for Casinos A recent trend in the gaming industry has been the emergence of real estate investment trusts (REITs).Debt MountsObviously, the WeChat ban and its potential impact on Wynn Macau’s business is the issue catching investors’ attention.MGM Resorts and Caesars Entertainment, which together operate 16 of the Strip’s 27 casino resorts, both have REITs — respectively, MGM Growth Properties and VICI Properties.mgm grand casino las vegas careersThe casino resort, located on the Strip’s northern end, has been the subject of recent rumors regarding its ability to weather the coronavirus storm.Resumption of the individual visit scheme (IVS) visa program has analysts saying it’s possible Macau operators break even in the fourth quarter.“Our business and prospects may be negatively impacted by the fact that we are majority owned by a US company, should the US-China relationship further delive casino real moneyteriorate,” said Wynn in the filing.table games at desert diamond casino

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winstar world casino imagesThe operator is issuing 0 million in new debt, with 0 million worth of notes coming due in 2028 and a 0 million addition to an issue maturing in 2026.The loan comes with a three percent interest rate, and borrowers have one year to pay down the amount.Under REIT arrangements in the gaming industry, the real estate entities own the physical land and assets of each resort, while the casino’s lease operations from the trust.MGM Resorts and Caesars Entertainment, which together operate 16 of the Strip’s 27 casino resorts, both have REITs — respectively, MGM Growth Properties and VICI Properties.Debt MountsObviously, the WeChat ban and its potential impact on Wynn Macau’s business is the issue catching investors’ attention.“Our business and prospects may be negatively impacted by the fact that we are majority owned by a US company, should the US-China relationship further delive casino real moneyteriorate,” said Wynn in the filing.poker casino zurich

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