2025.09.17
cache creek casino security” On pace for its third consecutive year of gross gaming revenue growth, and the introduction of two new casinos, and Moody’s is upgrading the credit rating for Atlantic City.GGRAsia, a media outlet focused on Asian gaming markets, was first to relay the outlboulder station casino las vegas nevadaook.Moody’s says should New Jersey itself see a downgrade, that too would likely result in a downgrade for Atlantic City.little river casino facebook(Image: Marianne Bermudez/Inquirer)Japanese financial services firm Nomura Holdings says in a note this week that the aging airports in the Philippines are preventing more wealthy visitors from patronizing the country’s gaming resorts.Other issues that could reverse this week’s upgrade is if the town fails to develop and adopt more fiscally sound budget plans, further strains its finances, defaults on debt obligations, or withdrawals from the state’s oversight.Billions of dollars have been invested in constructing luxury properties including Solaire, City of Dreams, and Okada Manila.free casino slot games vegas twin river casino propertiesfirekeepers casino restaurant hoursSpecifically, Nomura opines that better facilities would attract more affluent Chinese travelers, which in turn would lead to higher VIP play for casinos.”Future FactorsIn its ratings release, Moody’s pointed to a host of factors that could lead to either another upgrade during its next review, or a downgrade.Internet betting handle in New Jersey was 40 percent higher than the retail operation, it said.b bets casino no deposit bonusOther issues that could reverse this week’s upgrade is if the town fails to develop and adopt more fiscally sound budget plans, further strains its finances, defaults on debt obligations, or withdrawals from the state’s oversight.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.Factors that could lead to an upgrade include:Improved liquidityFurther reductions in expendituresDiversification of the economic baseMaterial improvement in tax base and resident wealth and incomeImprovement in the State of New Jersey’s ratingOn the contrary, if the gaming industry fails to support the nine casinos and one or more closes over the next year, Moody’s could downgrade its Atlantic City credit rating.mgm casino hours 2020 black hawk casino pokerf games casinoFrequent delays and cancellations, along with airports already serving more passengers than originally intended, are hindering foreign high rollers from wanting to travel to the Philippines to gamble.Billions of dollars have been invested in constructing luxury properties including Solaire, City of Dreams, and Okada Manila.Governor Phil Murphy (D) had campaigned on the promise of handing back its governance, but said in Sboulder station casino las vegas nevadaeptember of his decision to retain control, “I don’t want to see this great and historical city on the mat again.The outlook remains positive,” Moody’s declared.The outlook remains positive,” Moody’s declared.” But that’s better than Caa3, which is described as “poor quality and very high credit risk.chinook winds casino number soaring eagle casino packages |