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casino kushFactors 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.”Atlantic City remains under state control.Moody’s adds that the city’s recent tax dispute settlements, as well as the continued “strong oversight by the State of New Jersey,” were the driving rationale behind the credit modification.santa ana star casino lights”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.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.GGRAsia, a media outlet focused on Asian gaming markets, was first to relay the outlslot casino downloadook.big fish casino facebook slot casino downloadriver spirit casino locationNinoy Aquino International Airport is Manila’s main air hub.“The Philippine gaming industry is still mostly driven by the ‘grind’ market, but improving Philippine-China relations and the possible resolution of airport bottlenecks could translate to a major bump-up in VIP business,” Nomura stated.Moody’s says should New Jersey itself see a downgrade, that too would likely result in a downgrade for Atlantic City.hollywood casino race track” But that’s better than Caa3, which is described as “poor quality and very high credit risk.Moody’s says should New Jersey itself see a downgrade, that too would likely result in a downgrade for Atlantic City.Billions of dollars have been invested in constructing luxury properties including Solaire, City of Dreams, and Okada Manila.mgm casino vegas twin river casino smokinghollywood casino golf courseTotal gross gaming revenue (GGR) from land-based casinos, online, and sports betting through September is at .Moody’s adds that the city’s recent tax dispute settlements, as well as the continued “strong oversight by the State of New Jersey,” were the driving rationale behind the credit modification.” 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.Through September, GGR is down at Borgata, Bally’s, Caesars, Harrah’s, Resorts, and Tropicana.Moody’s adds that the city’s recent tax dispute settlements, as well as the continued “strong oversight by the State of New Jersey,” were the driving rationale behind the credit modification.Ninoy Aquino International Airport is Manila’s main air hub.cashman casino hack soaring eagle casino jacuzzi rooms |