2025.11.04
wild horse pab casino slot machinesS&P and rival credit firms punished Penn’s rating in March, just as the stock was starting to rebound from its coronavirus lows.However, despite the fact that S&P’s note hit the wires on the same day that the Barstool Sportsbook app launched in Pennsylvania, the ratings agency makes no mention of any of those topics.That move could be pricing in upcoming improvements in earnings before interest, taxes, depreciation and amortization (EBITDA).royal ace casino payout review5x next year, which is pivotal because that threshold, if topped, could trigger a debt downgrade.5x next year, which is pivotal because that threshold, if topped, could trigger a debt downgrade.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.is the seneca niagara casino closing when will harrah s cherokee casino open upparagon casino gtaBut Bain sees risks by way of a lack of liquidity among high-end players, new room supply coming to market, and a dearth of Hong Kong dollars flowing into the gaming hub because travel remains limited between the two SARs.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.That move could be pricing in upcoming improvements in earnings before interest, taxes, depreciation and amortization (EBITDA).poker olympic casinoFollowing the coronavirus reopening, many regional operators got leaner, trimming headcount and abandoning less profitable offerings while boosting margins to Wall Street’s liking.Some investors like Wynn stock due to Asia-Pacific exposure.But its 39 other venues are primarily in regional, not destination markets.hollywood casino rooms club player casino bonuslittle river casino hotel deals(Image: Associated Press)Companies on the CreditWatch Negative list are often financially strained, frequently sport non-investment grade credit ratings, and are at risk of further downgrades.But its 39 other venues are primarily in regional, not destination markets.Rather, the research firm focused on margins and Penn’s ability to meet lease obligatiThe service cited reopened properties and adequate lease coverage.“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.Namely, Sin City is now highly dependent on leisure travel from neighboring California.silver oak casino 300 no deposit bonus boulder station casino promotions |