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admiral casino newcastleAtlantic City’s long-term issuer credit rating is being upgraded by Moody’s Investors Services from Caa3 to B2.“The Philippine gaming industry is still mostly driven by the ‘grind’ market, but improving Philippine-China relations and the possible resolution of airport bottlenecks could translate to a major bump-up in VIP business,” Nomura stated.The outlook remains positive,” Moody’s declared.Critical Months AheadAtlantic City is coming off its best summer in years, as the June openings of Hard Rock and Ocean Resort generated excitement the beachfront town hasn’t seen in a decade. the company believes the key US market opportunity is online.(Image: Hard Rock Atlantic City)Moody’s defines B2 as “being speculative and a high credit risk.jamul casino covid

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