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casino queens23.MGM paid 100 percent of its rent on time and undertook several key actions to preserve its liquidity position, strengthen its balance sheet, and manage its cash outflows to preserve its financial flexibility as the pandemic continues,” explained MGM Growth Properties CEO James Stewart.According to a recent report from analytics firm Tepp, the hotel industry is facing a wave of foreclosures because of the COVID-19 pandemic.Moody’s Investors Service assigned a junk rating of “B1” rating to the new issue but called it credit positive because it bolsters the gaming company’s funding flexibility.MGM Resorts and Caesars Entertainment, which together operate 16 of the Strip’s 27 casino resorts, both have REITs — respectively, MGM Growth Properties and VICI Properties.Nevada hotels, including those near the Las Vegas Strip such as the Howard Johnson, are facing much uncertainty as a result of COVID-19.ruby bolts e ge tracker

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