2025.09.17
the star casino gold coast upgradeBut Bain sees risks by way of a lack of liquidity among high-end players, new room supply coming to market, and a dearth of Hong Kong dollars flowing into the gaming hub because travel remains limited between the two SARs.(Image: Associated Press)Companies on the CreditWatch Negative list are often financially strained, frequently sport non-investment grade credit ratings, and are at risk of further downgrades.Regional Promise, Improving MarginsLike so many research firms, S&P is enthusiastic about Penn’s status as a regional gaming company with reduced exposure to the Las Vegas Strip.hard rock casino davie“Given the lack of domestic/international travel, lack of near/intermediate-term group and business events, the beginning of a long Las Vegas recovery is currently levered to California leisure traffic, which offers little visibility/reason for investor enthusiasm,” said Bain.Some investors like Wynn stock due to Asia-Pacific exposure.Bain added that Wynn has less exposure to the Cotai Strip than rivals Las Vegas Sands (NYSE:LVS) and Melco Resorts & Entertainment (NASDAQ:MLCO), a relevant point because border expansions and new capacity could drive traffic to that area of Macau.casino x app phone number for foxwoods resort casino31 blackjack onlineThe service cited reopened properties and adequate lease coverage.”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.The research firm adds that although Penn’s revenue could be crimped because it’s operating below capacity in many markets, that’s not a warning sign, because “We believe the historical peak utilization rates in many markets were below theseis hard rock casino tulsa pet friendly limits.palace station casino directionsS&P took a dubious label off the operator’s credit grade today.Only recently have there been most signs of a pickup in visits.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.is morongo casino 18 to gamble fanduel casino freeisland view casino jackpotsThat’s a negative at a time when the Golden State economy is still reeling from the effects of the pandemic.Only recently have there been most signs of a pickup in visits.Following the coronavirus reopening, many regional operators got leaner, trimming headcount and abandoning less profitable offerings while boosting margins to Wall Street’s liking.But there are issues, there, too.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.coushatta casino kinder events downstream casino stay and play packages |