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black oak casino hotel rooms4 percent) of all hotel loans in the US are more than 30 days past due.The 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.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.Moody’s Investors Service assigned a junk rating of “B1” rating to the new issue but called it credit positive because it bolsters the gaming company’s funding flexibility.Debt MountsObviously, the WeChat ban and its potential impact on Wynn Macau’s business is the issue catching investors’ attention.The loan comes with a three percent interest rate, and borrowers have one year to pay down the amount.seminole casino las vegas

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