2025.10.07
sycuan casino pokerRegional 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.The slots area at Penn National’s Hollywood Casino in Columbus, Ohio.”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.winstar world casino lost and foundGood news continues piling up for Penn National Gaming (NASDAQ:PENN) investors, as Standard & Poor’s (S&P) removed the casino operator’s debt from the “CreditWatch Negative” group.But there are issues, there, too.Without a coronavirus vaccine readily available, many tourists that need to fly to Las Vegas are saying “No, thanks.chukchansi casino madera ca admiral casino zadarcasino golden palace duenoAs Bain notes, California accounted for a quarter of all US jobless claims in the last week of August.However, despite the fact that S&P’s note hit the wires on the same day that the Barstool Sportsbook app launched in Pennsylvania, the ratings agency makes no mention of any of those topics.Rather, the research firm focused on margins and Penn’s ability to meet lease obligationline casinoBain 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.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.(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.island resort and casino dining soaring eagle casino zz topchumba casino disputeRegional 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.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.” That increases the importaviejas casino fireworks 2021nce of drive-in traffic from neighboring states, namely California.That’s a negative at a time when the Golden State economy is still reeling from the effects of the pandemic.S&P took a dubious label off the operator’s credit grade today.Only recently have there been most signs of a pickup in visits.choctaw casino too brian christopher slot videos |