2025.10.08
peppermill casino scene(Image: Marianne Bermudez/Inquirer)Japanese financial services firm Nomura Holdings says in a note this week that the aging airports in the Philippines are preventing more wealthy visitors from patronizing the country’s gaming resorts.The outlook remains positive,” Moody’s declared.Through September, GGR is down at Borgata, Bally’s, Caesars, Harrah’s, Resorts, and Tropicana.encore casino ageInternet betting handle in New Jersey was 40 percent higher than the retail operation, it said.”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.Atlantic City’s long-term issuer credit rating is being upgraded by Moody’s Investors Services from Caa3 to B2.clearwater casino resort lewiston idaho roulette casino tipscache creek casino membershipMoody’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.Moody’s says should New Jersey itself see a downgrade, that too would likely result in a downgrade for Atlantic City.Frequent delays and cancellations, along with airports already serving more passengers than originally intended, are hindering foreign high rollers from wanting to travel to the Philippines to gamble.mgm grand casino baltimoreWhile that’s good news for the region, the new classification is a mark that still ranks below “investment grade.The airport served 42 million passengers in 2017, making it the 44th busiest airport in the world.Through September, GGR is down at Borgata, Bally’s, Caesars, Harrah’s, Resorts, and Tropicana.angel of the winds casino open choctaw casino rv parkfree casino slots for computer”Atlantic City remains under state control.”Atlantic City remains under state control.Moody’s says should New Jersey itself see a downgrade, that too would likely result in a downgrade for Atlantic City.Casinos in the Philippines would benefit with more resilient VIP high roller play if the country invested in improving its airport facilities, a research note opines this week.“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 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.firekeepers casino camping clearwater casino poulsbo wa |