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bellagio casino marketingMoody’s says should New Jersey itself see a downgrade, that too would likely result in a downgrade for Atlantic City.PPB said it estimated some 30 percent of bets were coming from New York State residents.Internet betting handle in New Jersey was 40 percent higher than the retail operation, it said.free slots queen of the nile 2Factors that could lead to an upgrade include:Improved liquidityFurther reductions in expendituresDiversification of the economic baseMaterial improvement in tax base and resident wealth and incomeImprovement in the State of New Jersey’s ratingOn the contrary, if the gaming industry fails to support the nine casinos and one or more closes over the next year, Moody’s could downgrade its Atlantic City credit rating.”The financial services firm says the reason for its upgrade is due to a strengthening gamijamul casino eventsng industry that saw two new casino resorts open this summer.”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.mgm casino new years eve

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