2025.10.10
caesar casino paS&P took a dubious label off the operator’s credit grade today.While S&P pulled that dubious distinction from Penn, the research firm reiterates a “B” rating — deep into junk territory — with a “negative” outlook on the operator’s debt.That move could be pricing in upcoming improvements in earnings before interest, taxes, depreciation and amortization (EBITDA).harrah s cherokee casinosThat’s a negative at a time when the Golden State economy is still reeling from the effects of the pandemic.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.That’s a negative at a time when the Golden State economy is still reeling from the effects of the pandemic.royal vegas online casino real money poker hand winsadmiral x casino бездепозитный бонусWithout a coronavirus vaccine readily available, many tourists that need to fly to Las Vegas are saying “No, thanks.S&P and rival credit firms punished Penn’s rating in March, just as the stock was starting to rebound from its coronavirus lows.“Additionally, our expectation that the company will improve its margin reflects our view that many of its lower-margin or loss-leading amenities, like buffets, will remain closed for some time to comply with health and safety measures intended to limit the spread of the coronavirus,” notes S&P.i m addicted to online gamblingWhile S&P pulled that dubious distinction from Penn, the research firm reiterates a “B” rating — deep into junk territory — with a “negative” outlook on the operator’s debt.That move could be pricing in upcoming improvements in earnings before interest, taxes, depreciation and amortization (EBITDA).That’s a negative at a time when the Golden State economy is still reeling from the effects of the pandemic.coushatta casino kinder louisiana phone number aliante casino slotslas atlantis casino customer reviewsSome investors like Wynn stock due to Asia-Pacific exposure.The service cited reopened properties and adequate lease coverage.In the largest US gaming center, Penn operates the Tropicana and the M Resort.Rather, the research firm focused on margins and Penn’s ability to meet lease obligatiAs Bain notes, California accounted for a quarter of all US jobless claims in the last week of August.“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.viejas casino poker foxwoods resort casino open |