2024.07.19
pechanga casino concerts 2020Shares 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. (Image: Bleacher Report)Last November, Centennial State voters narrowly approved Proposition DD – the ballot initiative setting the stage for legalized sports betting. Wynn Resorts is soaring after a strong liquidity update and an impressive bond offering. wynn casino las vegas slot machinesShares 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. Wynn Resorts is soaring after a strong liquidity update and an impressive bond offering. 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. black hawk casino iowa brian christopher slots videosmgm casino springfield hoursUsually, that wouldn’t be a big news event. 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 onUsually, bonds with shorter maturities, such as Wynn’s latest sale, carry lower interest rates.Robust appetite for the bonds comes after intense speculation in the investment community that gaming operators will face credit downgrades and some, including Wynn, will be forced to suspend dividends to allay creditors’ concerns about spending.Lingering ConcernsWith little clarity on when casinos will return to normal in the US and as visitors to Macau – Wynn’s most important market – still scant, some analysts don’t believe the company is out of the coronavirus woods quite yet.“Moody’s expects earnings and credit metrics will weaken while operations in the US and Macau are negatively affected by facility closures and reduced travel and leisure spending, but that earnings and credit metrics will improve when economic conditions recover,” said the research firm in a noresorts casino in the catskillste.The ratings agency assigned a B1 grade to Wynn’s aforementioned debt offering, putting it well into junk territory. desert diamond casino sahuarita azWynn Resorts is soaring after a strong liquidity update and an impressive bond offering. Sandra Morgan Douglas to replace Harris as chair of the Gaming Control Board. Wynn Resorts is soaring after a strong liquidity update and an impressive bond offering. is the wynn casino in las vegas open seminole casino florida tamparoulette casino d occasionColorado could become one of the biggest sports betting markets in the West, according to one forecast. (Image: Bleacher Report)Last November, Centennial State voters narrowly approved Proposition DD – the ballot initiative setting the stage for legalized sports betting. Down the road, California could have some say in the competition. (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. Wynn Resorts is soaring after a strong liquidity update and an impressive bond offering. (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. big fish casino cheats 2019 firekeepers casino new hotel |