morongo casino onlineRumors have been circulating for months that Penn is shopping the Tropicana, its lone casino on the Las Vegas Strip.Las Vegas Sands (NYSE:LVS), MGM Resorts International (NYSE:MGM), and Wynn Resorts (NASDAQ: WYNN) – three of the largest operators in Macau – could contend with credit headwinds in the wake of the casino closures there, says Moody’s Investors Service.“There’s been so much unsolicited interest.twin river casino phase 2It’s likely that analysts will press executives for some clarity on the coronavirus situation.Moody’s rates LVS debt Baa3, an investment-grade mark that implies moderate credit risk.That decision was made following confirmation of the tenth case of the respiratory virus on the Special Administrative Region (SAR).encore casino covid restrictions

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mgm casino concertsHeard it BeforeConcerns about Wynn’s corporate credit rating on the back of the novel coronavirus aren’t new.Earlier this week, Standard & Poor’s (S&P) put the company on review for a possible downgrade, noting that the firm’s leveraged balance sheet provides “limited cushion” with which to deal with virus-induced “operating volatility.”Other FactorsOver the near-term, perhaps the most crucial issue facing Macau’s gaming industry is just how long the closures will last.online gambling for money“There’s been so much unsolicited interest.Heard it BeforeConcerns about Wynn’s corporate credit rating on the back of the novel coronavirus aren’t new.“All three companies have a significant level of consolidated cash resources, free cash flow prospects, and other forms of liquidity that can help these companies aclearwater casino diningbsorb a near-term hit to their Macau operations without impairing their respective credit profiles,” said the ratings agency.casino near me atlanta

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golden nugget casino parking“On 3 February, Hong Kong’s Chief Executive Carrie Lam Cheng Yuet-ngor announced the closure of all but two border crossings with mainland China to shut out the coronavirus, with just the Shenzhen Bay joint checkpoint and Hong Kong-Zhuhai-Macau Bridge remaining open.The research firm has Ba3 grades on MGM and Wynn, meaning those bonds have “speculative elements and are subject to substantial credit risk.Rumors have been circulating for months that Penn is shopping the Tropicana, its lone casino on the Las Vegas Strip.“On 3 February, Hong Kong’s Chief Executive Carrie Lam Cheng Yuet-ngor announced the closure of all but two border crossings with mainland China to shut out the coronavirus, with just the Shenzhen Bay joint checkpoint and Hong Kong-Zhuhai-Macau Bridge remaining open.The facilities are additionally allowed to include sports betting lounges.Wynn Resorts has the highest relative exposure of the three to the Macau region,” said the research firm in a note obtained by Casino.scarlet pearl casino employment