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mgm casino fort washington md(Image: Las Vegas Review-Journal)The research firm raised its outlook on the gaming company’s debt grade to “stable” from “negative” in a new report.”Other Golden CatalystsAt the end of the first quarter, Golden had 5 million in cash, which is more than 10 percent of its current market value of .85x, but Moody’s expects covenant leverage to fall below this level in the second quarter, with the cushion improving thereafter.The stock closed just under last Friday, but one analyst believes a run to is possible.For now, it remains to be seen if Golden’s B3 rating changes for the better.Some analysts believe the combination of pent-up demand, rising levels of coronavirus vaccinations, and vibrancy in the key Las Vegas locals (LVL) market will fuel more upside for the shares.admiral casino gravesend