chinook winds casino hotel lincoln citylevel in the second quarter, with the cushion improving thereafter.”Other Golden CatalystsAt the end of the first quarter, Golden had 5 million in cash, which is more than 10 percent of its current market value of .15 billion. Robert Fontenot of the Louisiana State Police told Casino.org the Gaming Enforcement Division is working now with riverboat casinos “to ensure preparations are being made.”“That includes compliance with both inclement weather and high-water procedures,” he said.Louisiana has 13 riverboat casinos, one land-based casino in New Orleans, and four racinos. “Ratings could be upgraded if the company’s facilities remain open and earnings recover such that consistent and comfortably positive free cash flow and sustained reinvestment flexibility is fully restored, and debt-to-EBITDA is sustained below 5.75x.”four winds casino free giftsBoyd Gaming has five properties in Louisiana and two in Mississippi.Record Hurricane SeasonLast year, there were a record 30 named storms during the Atlantic hurricane season. But it’s not out of the question.“The stable outlook considers the recovery in the company’s business and margin improvement exhibited since reopening, and the expectation for sustained improvement in 2021,” adds Moody’s. The casino is expected to reopen by next yearSeveral other casinos were damaged during the major storms that strafed the Gulf Coast last year.As a precaution, numerous other casinos in Louisiana and Mississippi shut down their operations as powerful storms were barreling toward the shore.In October, fast-moving Hurricane Zeta ripped through New Orleans and swamped casinos along the Mississippi Gulf Coast east of the Crescent City.The record number of storms that struck the Gulf Coast last year took an economic toll on the casino industry.Josh Hirsberg, Boyd Gaming’s chief financial officer, said the storms had an impact of up to million on the Nevada-based company. blackjack casino dealers

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