2024.07.19
bellagio casino blackjackWynn Resorts is soaring after a strong liquidity update and an impressive bond offering. Down the road, California could have some say in the competition. The notes maturing in 2025 carry a coupon of 7.75 percent. foxwoods resort casino buffetUsually, that wouldn’t be a big news event. (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. Sandra Morgan Douglas to replace Harris as chair of the Gaming Control Board. google free blackjack games resorts casino appdesert diamond casino directoryThe notes maturing in 2025 carry a coupon of 7.75 percent. 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 onShares 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. roulette casino websiteDown the road, California could have some say in the competition. Wynn Resorts is soaring after a strong liquidity update and an impressive bond offering. Colorado could become one of the biggest sports betting markets in the West, according to one forecast. san manuel online slots las vegas slots online real moneymountaineer casino stock“Wynn Resorts Finance plans to use the net proceeds from the offering for general corporate purposes and to pay related fees and expenses.”In a sign of the changing times in corporate debt markets, the Encore Boston Harbor operator last sold bonds in September 2019, a 0 million issue maturing in 2029 with a coupon of 5.125 percent. 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. (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. That gives it 1.4 years worth of coverage for property operating expenditures and cash interest expense. 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. “Wynn Resorts Finance plans to use the net proceeds from the offering for general corporate purposes and to pay related fees and expenses.”In a sign of the changing times in corporate debt markets, the Encore Boston Harbor operator last sold bonds in September 2019, a 0 million issue maturing in 2029 with a coupon of 5.125 percent. foxwoods resort casino facilities cashman casino free coin generator |