free online poker games no download“Penn’s B1 CFR reflects the meaningful earnings decline over the next few months expected from efforts to contain the coronavirus and the potential for a slow recovery once properties re-open,” said the research firm.“The rating also reflects Penn’s high leverage along with longer-term fundamental challenges facing Penn and other regional gaming companies related to consumer entertainment preferences and US population demographics that Moody’s believes will continue to move in a direction that does not favor traditional casino-style gaming.Penn National Gaming (NASDAQ:PENN) is extending a jaw-dropping run that has seen the embattled gaming stock more than triple off its 52-week low notched last week, even as Moody’s Investors Service lowered the operator’s credit rating deeper into junk territory.twin river casino norwegian cruiseBut a ratings agencaliante casino and spa las vegasy has concerns.In 2018, Wynn’s top four executives, including Maddox, received over million in combined compensation, about .”That jibes with points raised by other credit firms, which are concerned that consumer tastes will be altered in the wake of the COVID-19 outbreak.brian christopher slots youtube today

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free online slots konamiThe downgrade of Penn’s corporate family rating (CFR) is in response to the disruption in casino visitation resulting from efforts to contain the spread of the coronavirus, including recommendations from federal, state, and local governments to avoid gatherings and avoid non-essential travel,” said Moody’s in a note obtained by Casino.56 percent, and 34.The move is the latest in a series of downgrades or warnings that such actions are coming by from ratings agencies on gaming companies.boomtown casino bobier city jobsEarlier this month, Wynn Macau, the holding company for the two integrated resorts there, said it can’t yet forecast the impact the COVID-19 outbreak will have on 2020 financial results.Previously chastened Penn bulls appear undaunted by the Moody’s downgrade, sending the stock higher by almost 42 percent today (at this writing) on volume that is already more than triple the daily average.4 million of which was cash.drake casino no deposit promo codes

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