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casino quest liveIn April, Fitch downgraded credit ratings across the lodging industry, including gaming companies, citing crimped cash flow, but notes its muted 2021 outlook is unlikely to result in another round of lower grades.”Following the June reopening of Nevada gaming venues, Strip occupancy rates labor around 30 percent during the week, and 50 percent on the weekends.However, Sin City’s priciest venues aren’t alone when it comes to lengthy return to normalcy estimates.kansas star casino win lob statement“Fitch continues to expect US RevPAR for the sector, including closed hotels, to decline about 45% on average in 2020.“Fitch continues to expect US RevPAR for the sector, including closed hotels, to decline about 45% on average in 2020.For example, MGM Resorts International recently unveiled its “Convene with Confidence” plan, which includes rapid COVID-19 testing, aimed at rejuvenating convention traffic.b spot casino no deposit bonus

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river spirit casino golfOne of the reasons analysts are fond of Penn National stock is the company’s deep portfolio of regional venues, meaning reduced dependence on Sin City as a driver of top and bottom line growth.Penn National CEO Jay Snowden, seen here in a CNBC interview earlier in 2020, delivered big forecasts for his company today.However, Sin City’s priciest venues aren’t alone when it comes to lengthy return to normalcy estimates.Other companies are restoring premium room rates, seeking to allay concerns that the quality of clientele in Sin City is declining in the wake of the pandemic.Penn operates 41 gaming properties across 19 states, including the M Resort and Tropicana in Las Vegas, the latter of which recently reopened.For example, MGM Resorts International recently unveiled its “Convene with Confidence” plan, which includes rapid COVID-19 testing, aimed at rejuvenating convention traffic.0lg online casino