2025.12.17
hollywood casino final cutLas Vegas Sands (NYSE:LVS), MGM Resorts International (NYSE:MGM), and Wynn Resorts (NASDAQ: WYNN) – three of the largest operators in Macau – could contend with credit headwinds in the wake of the casino closures there, says Moody’s Investors Service.Even if there is swift resolution on that front, operators will still need mainland China and Hong Kong to reopen travel to and from Macau.“On 3 February, Hong Kong’s Chief Executive Carrie Lam Cheng Yuet-ngor announced the closure of all but two border crossings with mainland China to shut out the coronavirus, with just the Shenzhen Bay joint checkpoint and Hong Kong-Zhuhai-Macau Bridge remaining open.bellagio casino promotionsEarlier this week, Standard & Poor’s (S&P) put the company on review for a possible downgrade, noting that the firm’s leveraged balance sheet provides “limited cushion” with which to deal with virus-induced “operating volatility.Moody’s rates LVS debt Baa3, an investment-grade mark that implies moderate credit risk.Earlier this week, Standard & Poor’s (S&P) put the company on review for a possible downgrade, noting that the firm’s leveraged balance sheet provides “limited cushion” with which to deal with virus-induced “operating volatility.ruby bolts e zulrah casino near me mibourihard rock casino south lake tahoe caIt’s very active,” he explained.ed to house up to 750 slot machines and 30 table games.The facilities are additionally allowed to include sports betting lounges.golden nugget casino pahrump nevada“All three companies have a significant level of consolidated cash resources, free cash flow prospects, and other forms of liquidity that can help these companies alucky tiger casino no deposit bonus australiabsorb a near-term hit to their Macau operations without impairing their respective credit profiles,” said the ratings agency.At least one executive has already said it’s possible the peninsula’s venues remain shuttered longer than 15 days.ed to house up to 750 slot machines and 30 table games.palace station casino las vegas nevada slot machine casino san josebig dollar casino deposit bonus codes 2021It’s likely that analysts will press executives for some clarity on the coronavirus situation.Documented cases of the “Wuhan virus” in Macau haven’t increased over the past two days, but on a global basis, the number has swelled beyond 25,000 and the death toll in China is 564.Casino closures affecting venues such as the Venetian Macau could last longer than expected, says Sands President Rob Goldstein.Wynn Resorts has the highest relative exposure of the three to the Macau region,” said the research firm in a note obtained by Casino.(Image: TripSavvy)Las Vegas Sands (LVS) President and COO Rob Goldstein made comments to that effect at the Nevada Gaming Control Board (NGCB) meeting held in Sin City earlier today.He was appearing before the board for a standardharrah s casino club coushatta casino careers |