eldorado casino and hotel reno nevadaNevada 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. (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. downstream casino upcoming eventsNearly a quarter (23.4 percent) of all hotel loans in the US are more than 30 days past due.One of the 4,000 signatures on a letter sent to Congress this week urging Capitol Hill to quickly pass the HOPE Act is Sahara Las Vegas VP of Sales Christopher Bond. The casino resort, located on the Strip’s northern end, has been the subject of recent rumors regarding its ability to weather the coronavirus storm. Nevada hotels, including those near the Las Vegas Strip such as the Howard Johnson, are facing much uncertainty as a result of COVID-19. free slots quick hit platinum

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casino u beograduThe casino resort, located on the Strip’s northern end, has been the subject of recent rumors regarding its ability to weather the coronavirus storm. (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. 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 tridrake casino twitter freeroll codemmed 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. harrah s cherokee casino tax idNevada hotels, including those near the Las Vegas Strip such as the Howard Johnson, are facing much uncertainty as a result of COVID-19. That prompted Sahara’s legal team to sue one Sin City blogger for spreading gossip that the resort’s closure might be imminent.Bond told the Las Vegas Review-Journaldrake casino twitter freeroll code this week that he signed the letter on behalf of his membership with the American Hotel and Lodging Association, not as a representative of Sahara.The HOPE Act, if passed, would mandate the US Department of the Treasury to issue financial aid to borrowers of commercial mortgages. That prompted Sahara’s legal team to sue one Sin City blogger for spreading gossip that the resort’s closure might be imminent.Bond told the Las Vegas Review-Journaldrake casino twitter freeroll code this week that he signed the letter on behalf of his membership with the American Hotel and Lodging Association, not as a representative of Sahara.The HOPE Act, if passed, would mandate the US Department of the Treasury to issue financial aid to borrowers of commercial mortgages. slot hunter casino review

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golden nugget casino phone numberand China, including the Trump Administration’s recent ban of the popular Chinese messaging app WeChat, could hamper the gaming company’s business. (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 hotels, including those near the Las Vegas Strip such as the Howard Johnson, are facing much uncertainty as a result of COVID-19. 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. But 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 millidrake casino twitter freeroll codeon 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.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. jamul casino employees