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clearwater casino deliLast month, both MGM Resorts International (NYSE:MGM) and Wynn Resorts (NASDAQ:WYNN) dramatically increased the size of corporate bond offerings to accommodate strong demand.In March, the company suspended its dividend, becoming the first operator to do so.Cash ConcernsAs is the case with so many operators in the coronavirus environment, analysts and investors are expressing concern about Boyd’s cash position and debt burden.google free blackjack gamesIn contrast, many gaming properties in smaller regions are short drives from the bulk of their customers.“Another worry is Boyd’s heavy debt load, which stood at .But Wall Street isn’t ready to throw in the towel on the Orleans operator just yet.online casino usa blackjack

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foxwoods online video pokerJ.7 percent, a rate not seen since the Depression, when President Franklin D.“Another worry is Boyd’s heavy debt load, which stood at .casino near me bostonBased on where Penn stock currently trades and the 0 million price tag on the equity sale, the company would be bringing approximately 13.“Another worry is Boyd’s heavy debt load, which stood at .“Another worry is Boyd’s heavy debt load, which stood at .harrah s casino shreveport louisiana

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chinook winds casino openIn March, the company suspended its dividend, becoming the first operator to do so.The regional casinos are going to recover faster than Vegas because they are drive-to markets versus fly-to markets,” said Morgan Stanley analyst Thomas Allen in an interview with Barron’s.Since then, every other US-based gaming operator that previously paid a dividend either suspended or dramatically reduced those payouts.The coronavirus has resulted in US unemployment swelling to 14.Positive SignAlthough the COVID-19 outbreak punished gaming stocks earlier this year, Penn’s securities sales announced today are the latest confirmations that the industry can easily access capital markets, even in a trying climate.40 percent over the past month, Boyd stock nearly tripled off its 52-week low.caesar casino online gaming

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