scarlet pearl casino slotsThat’s a negative at a time when the Golden State economy is still reeling from the effects of the pandemic.But there are issues, there, too.Namely, Sin City is now highly dependent on leisure travel from neighboring California.roulette casino wikipediaWithout a coronavirus vaccine readily available, many tourists that need to fly to Las Vegas are saying “No, thanks.Only recently have there been most signs of a pickup in visits.Namely, Sin City is now highly dependent on leisure travel from neighboring California.online casino no deposit bonus keep what you win australia 2021

hard rock casino buffet price

online gambling tennebeeWynn 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 move could be pricing in upcoming improvements in earnings before interest, taxes, depreciation and amortization (EBITDA).5x next year, which is pivotal because that threshold, if topped, could trigger a debt downgrade.thunder valley casino near me“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.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.morongo casino instagram

casino golden palace telefono

mohegan sun casino spaIn the largest US gaming center, Penn operates the Tropicana and the M Resort.”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.“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.Bain 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.The research firm estimates the gaming company’s net leverage ratio will decline below 7.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.luckyland casino official site