2024.07.08
casino visorThat gives it 1.4 years worth of coverage for property operating expenditures and cash interest expense. Usually, that wouldn’t be a big news event. That’s with the industry facing a zero-revenue climate in the US and not much better in Macau because of the COVID-19 pandemic.Another Positive SignOn Tuesday, Las Vegas-based Wynn said it sold 0 million worth of corporate debt in a private offering. mohegan sun casino mohegan sun boulevard uncasville ct(Image: Twitter)The Encore operator’s stock is in the midst of an impressive rally, one that’s carried it almost 80 percent off its 52-week low. But the fact that the company boosted the size of the salcasino slot elementse in a trying market for corporate bonds could be viewed as a positive by some investors.The aggregate principal amount of Notes to be issued in the offering was increased to 0 million from the previously announced 0 million,” according to the operator. Investors are flocking to the name today despite the company saying it expects first-quarter revenue to slide 43 percent on a year-over-year basis due to the impact of the coronavirus on its operations.The update on its cash position, which prompted JPMorgan to reiterate an “overweight” rating on Wynn stock, comes as Wall Street is speculating about the financial health of myriad gaming companies. desert diamond casino in tucson arizona encore casino ruleschukchansi casino weatherThat’s with the industry facing a zero-revenue climate in the US and not much better in Macau because of the COVID-19 pandemic.Another Positive SignOn Tuesday, Las Vegas-based Wynn said it sold 0 million worth of corporate debt in a private offering. But because of the COVID-19 outbreak, it be may difficult for Golden State sports betting backers to get enough signatures to place the issue before voters onDown the road, California could have some say in the competition. riverwind casino upcoming concertsShe was paid 3,384.69 last year in full-time pay and benefits.Down the road, California could have some say in the competition. Sandra Morgan Douglas to replace Harris as chair of the Gaming Control Board. lucky creek casino no deposit code palace station casino vegasriverwind casino table gamesThat’s with the industry facing a zero-revenue climate in the US and not much better in Macau because of the COVID-19 pandemic.Another Positive SignOn Tuesday, Las Vegas-based Wynn said it sold 0 million worth of corporate debt in a private offering. Moody’s overall credit rating for the company is Ba3, which is also non-investment grade.The notes maturing in 2025 carry a coupon of 7.75 percent. Moody’s overall credit rating for the company is Ba3, which is also non-investment grade.Shares of Wynn Resorts (NASDAQ:WYNN) are higher by almost six percent in midday trading after the gaming company said it has approximately billion worth of liquidity. Sandra Morgan Douglas to replace Harris as chair of the Gaming Control Board. viejas casino alpine ca slots casino free slot games |