free slot machines 777Heard it BeforeConcerns about Wynn’s corporate credit rating on the back of the novel coronavirus aren’t new.6 billion) and 76% (.(Image: Wall Street Journal)Because of the spreading of the new coronavirus, Macau Chief Executive Ho Iat Seng on Tuesday said the peninsula’s gaming properties will be closed 15 days.mgm grand casino mabachusetts”Moody’s is more sanguine in its outlook, saying that despite the 15-day casino closure policy, there will not be any impact to the ratings of LVS, MGM, and Wynn at this time.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.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.free casino slots penny

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vegas online casino no deposit bonusAt least one executive has already said it’s possible the peninsula’s venues remain shuttered longer than 15 days.Documented cases of the “Wuhan virus” in Macau haven’t increased over the past two days, but on a global basis, the number has swelled beyond 25,000 and the death toll in China is 564.Rumors have been circulating for months that Penn is shopping the Tropicana, its lone casino on the Las Vegas Strip.live casino table minimumsPenn 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.“All three companies have a significant level of consolidated cash resources, free cash flow prospects, and other forms of liquidity that can help these companies absorb a near-term hit to their Macau operatiocasino 5 letter wordsns without impairing their respective credit profiles,” said the ratings agency.Rumors have been circulating for months that Penn is shopping the Tropicana, its lone casino on the Las Vegas Strip.lucky creek casino free spins

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golden nugget casino pool“All three companies have a significant level of consolidated cash resources, free cash flow prospects, and other forms of liquidity that can help these companies absorb a near-term hit to their Macau operatiocasino 5 letter wordsns without impairing their respective credit profiles,” said the ratings agency.It’s likely that analysts will press executives for some clarity on the coronavirus situation.”Wynn, the operator of two venues in the SAR, reports fourth-quarter results today after the close of US markets.Macau casino closures could present credit headwinds for US operators there.“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.”fanduel casino in michigan