harrah s cherokee casino hrWynn Palace (seen here) and Wynn Macau could suffer if US/China hostilities escalate, according to the gaming company. Van Taylor (R-Texas) with bipartisan support, the HOPE Act would provide financial assistance to businesses that are operating in the struggling commercial real estate market.According to a recent report from analytics firm Tepp, the hotel industry is facing a wave of foreclosures because of the COVID-19 pandemic. Next week, Guangdong province will resume issuance of tourist visas for visits to the special administrative region (SAR), with the rest of mainland China slated to do the same on Sept. viejas casino sports bar(Image: Macau News)The operator of Wynn Macau and Wynn Palace notes in the filing that hostilities between the world’s two largest economies are on the rise this year, and many of its customers use WeChat as a form of communication. Van Taylor (R-Texas) with bipartisan support, the HOPE Act would provide financial assistance to businesses that are operating in the struggling commercial real estate market.According to a recent report from analytics firm Tepp, the hotel industry is facing a wave of foreclosures because of the COVID-19 pandemic. That’s because Chinese gamblers and travelers could view the ploy as a hostile act by the US and favor Asia-based companies as a result.Rough TimingIn the filing, Wynn Macau noted it triseneca niagara casino vs fallsview casinommed its daily operating expenses in the world’s largest casino center to million a day in July, down from .5 million per day earlier this year.Still, the timing of the operator’s comments on the deteriorating US/China relationship is tough, because it comes just as things are starting to look up for Macau’s gaming-dependent economy. thunder valley casino discount code

zynga poker news

doubledown casino doubleu casino free slots(Image: Macau News)The operator of Wynn Macau and Wynn Palace notes in the filing that hostilities between the world’s two largest economies are on the rise this year, and many of its customers use WeChat as a form of communication. Nevada lodging executives are calling on Congress to pass the Helping Open Properties Endeavor (HOPE) Act, which would provide commercial real estate developments with debt relief. Borrowers who have experienced at least a 25 percent year-over-year drop in revenue during a consecutive three-month period between March 1, 2020, and February 28, 2021, would qualify.The loan comes with a three percslot machine casinos near long beach caThe casino resort, located on the Strip’s northern end, has been the subject of recent rumors regarding its ability to weather the coronavirus storm. That adds credibility to the thesis that the SAR will rebound faster than Las Vegas or Singapore.However, Wynn Macau warns that if tensions escalate between the US and China, the latter’s economy could be negatively affected, and those adverse impacts could trickle down to Macau’s gaming business.“Our business and prospects may be negatively impacted by the fact that we are majority owned by a US company, should the US-China relationship further deteriorate,” said Wynn in the filing.Debt MountsObviously, the WeChat ban and its potential impact on Wynn Macau’s business is the issue catching investors’ attention. Nevada lodging executives are calling on Congress to pass the Helping Open Properties Endeavor (HOPE) Act, which would provide commercial real estate developments with debt relief. chukchansi casino buffet

harrah s cherokee casino transportation

foxwoods resort casino ledyard connecticutBut there are other notable financial details in the filing.The operator is issuing 0 million in new debt, with 0 million worth of notes coming due in 2028 and a 0 milliseneca niagara casino vs fallsview casinoon addition to an issue maturing in 2026.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.23.Resumption of the individual visit scheme (IVS) visa program has analysts saying it’s possible Macau operators break even in the fourth quarter. and China, including the Trump Administration’s recent ban of the popular Chinese messaging app WeChat, could hamper the gaming company’s business. and China, including the Trump Administration’s recent ban of the popular Chinese messaging app WeChat, could hamper the gaming company’s business. Wynn Palace (seen here) and Wynn Macau could suffer if US/China hostilities escalate, according to the gaming company. (Image: Macau News)The operator of Wynn Macau and Wynn Palace notes in the filing that hostilities between the world’s two largest economies are on the rise this year, and many of its customers use WeChat as a form of communication. lake tahoe lakeside casino