live casino youtubeDocumented cases of the “Wuhan virus” in Macau haven’t increased over the past two days, but on a global basis, the number has swelled beyond 25,000 and the death toll in China is 564.The research firm has Ba3 grades on MGM and Wynn, meaning those bonds have “speculative elements and are subject to substantial credit risk.It’s likely that analysts will press executives for some clarity on the coronavirus situation.free casino slots offlineLas 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.4 billion) of adjusted property EBITDA from Macau operations.(Image: TripSavvy)Las Vegas Sands (LVS) President and COO Rob Goldstein made comments to that effect at the Nevada Gaming Control Board (NGCB) meeting held in Sin City earlier today.royal ace casino payout

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new black lotus no deposit bonus codes“Macau is located less than 40 miles to the southwest of Hong Kong and is accessible by road via the Hong Kong-Zhuhai-Macau Bridge, ferry, and helicopter, with Macau’s visitation largely dependent on tourists from mainland China,” said Moody’s.”Moody’s is more sanguine in its outlook, saying that despite the 15-day casino closure policy, there will not be any impact to the ratings of LVS, MGM, and Wynn at this time.”Other FactorsOver the near-term, perhaps the most crucial issue facing Macau’s gaming industry is just how long the closures will last.turtle lake casino reopeningIt’s very active,” he explained.The facilities are additionally allowed to include sports betting lounges.Macau casino closures could present credit headwinds for US operators there.casino golden palace san isidro

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casino slot machine hacks“Macau is located less than 40 miles to the southwest of Hong Kong and is accessible by road via the Hong Kong-Zhuhai-Macau Bridge, ferry, and helicopter, with Macau’s visitation largely dependent on tourists from mainland China,” said Moody’s.Heard it BeforeConcerns about Wynn’s corporate credit rating on the back of the novel coronavirus aren’t new.Penn also owns the nearby M Resort, and plans to direct its customer base to the Henderson casino that sits eight miles south of the “Welcome to Fabulous Las Vegas” sign.Even if there is swift resolution on that front, operators will still need mainland China and Hong Kong to reopen travel to and from Macau.6 billion) and 76% (.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.resorts casino in new jersey