2025.11.02
four winds casino las vegasBain added that Wynn has less exposure to the Cotai Strip than rivals Las Vegas Sands (NYSE:LVS) and Melco Resorts & Entertainment (NASDAQ:MLCO), a relevant point because border expansions and new capacity could drive traffic to that area of Macau.Wynn Macau and Wynn Palace, along with the special administrative region’s (SAR) other casinos, were closed for 15 days in February because of the coronavirus pandemic.Namely, Sin City is now highly dependent on leisure travel from neighboring California.mychoice casino cardWhile 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.Some investors like Wynn stock due to Asia-Pacific exposure.The research firm adds that although Penn’s revenue could be crimped because it’s operating below capacity in many markets, that’s not a warning sign, because “We believe the historical peak utilization rates in many markets were below thesebig dollar casino sister casinos limits.online casino earn real money turtle creek casino mask policyborgata casino rewardsHowever, 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.“Additionally, our expectation that the company will improve its margin reflects our view that many of its lower-margin or loss-leading amenities, like buffets, will remain closed for some time to comply with health and safety measures intended to limit the spread of the coronavirus,” notes S&P.The slots area at Penn National’s Hollywood Casino in Columbus, Ohio.free online slots for fun no download no registrationThe slots area at Penn National’s Hollywood Casino in Columbus, Ohio.The slots area at Penn National’s Hollywood Casino in Columbus, Ohio.The slots area at Penn National’s Hollywood Casino in Columbus, Ohio.casino n.s rtg online casino no deposit bonusfantasy springs casino facebookThat’s a negative at a time when the Golden State economy is still reeling from the effects of the pandemic.Only recently have there been most signs of a pickup in visits.But there are issues, there, too.“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.But 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.That move could be pricing in upcoming improvements in earnings before interest, taxes, depreciation and amortization (EBITDA).seminole casino food free slot machines for iphone |