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free spins cool cat casinoAtlantic City’s long-term issuer credit rating is being upgraded by Moody’s Investors Services from Caa3 to B2. Other issues that could reverse this week’s upgrade is if the town fails to develop and adopt more fiscally sound budget plans, further strains its finances, defaults on debt obligations, or withdrawals from the state’s oversight.Moody’s says should New Jersey itself see a downgrade, that too would likely result in a downgrade for Atlantic City.Critical Months AheadAtlantic City is coming off its best summer in years, as the June openings of Hard Rock and Ocean Resort generated excitement the beachfront town hasn’t seen in a decade.Total gross gaming revenue (GGR) from land-based casinos, online, and sports betting through September is at .148 billion, which is a 5.4 percent increase on 2017. (Image: Marianne Bermudez/Inquirer)Japanese financial services firm Nomura Holdings says in a note this week that the aging airports in the Philippines are preventing more wealthy visitors from patronizing the country’s gaming resorts. mohegan sun casino atlantic cityWhile that’s good news for the region, the new classification is a mark that still ranks below “investment grade.” On pace for its third consecutive year of gross gaming revenue growth, and the introduction of two new casinos, and Moody’s is upgrading the credit rating for Atlantic City. The airport served 42 millinearest casino to park city utah ktlxon passengers in 2017, making it the 44th busiest airport in the world.Airports Need Liftoff Manila’s Entertainment City, home to the largest integrated casino resorts in the Philippines, is less than two miles from the Ninoy Aquino airport. Frequent delays and cancellations, along with airports already serving more passengers than originally intended, are hindering foreign high rollers from wanting to travel to the Philippines to gamble. turtle creek casino online

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j casanovaFrequent delays and cancellations, along with airports already serving more passengers than originally intended, are hindering foreign high rollers from wanting to travel to the Philippines to gamble. Casinos in the Philippines would benefit with more resilient VIP high roller play if the country invested in improving its airport facilities, a research note opines this week. Atlantic City’s long-term issuer credit rating is being upgraded by Moody’s Investors Services from Caa3 to B2. ocasino kortrijkSpecifically, Nomura opines that better facilities would attract more affluent Chinese travelers, which in turn would lead to higher VIP play for casinos.“The Philippine gaming industry is still mostly driven by the ‘grind’ market, but improving Philippine-China relations and the possible resolution of airport bottlenecks could translate to a major bump-up in VIP business,” Nomura stated.GGRAsia, a media outlet focused on Asian gaming markets, was first to relay the outlook.Ninoy Aquino International Airport is Manila’s main air hub. Frequent delays and cancellations, along with airports already serving more passengers than originally intended, are hindering foreign high rollers from wanting to travel to the Philippines to gamble. Billions of dollars have been invested in constructing luxury properties including Solaire, City of Dreams, and Okada Manila.A flight from Shanghai, China’s most populated city, to the Filipino capital, is under four hours. is chumba casino free

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7 slots live casinoSpecifically, Nomura opines that better facilities would attract more affluent Chinese travelers, which in turn would lead to higher VIP play for casinos.“The Philippine gaming industry is still mostly driven by the ‘grind’ market, but improving Philippine-China relations and the possible resolution of airport bottlenecks could translate to a major bump-up in VIP business,” Nomura stated.GGRAsia, a media outlet focused on Asian gaming markets, was first to relay the outlook.Ninoy Aquino International Airport is Manila’s main air hub. Casinos in the Philippines would benefit with more resilient VIP high roller play if the country invested in improving its airport facilities, a research note opines this week. Specifically, Nomura opines that better facilities would attract more affluent Chinese travelers, which in turn would lead to higher VIP play for casinos.“The Philippine gaming industry is still mostly driven by the ‘grind’ market, but improving Philippine-China relations and the possible resolution of airport bottlenecks could translate to a major bump-up in VIP business,” Nomura stated.GGRAsia, a media outlet focused on Asian gaming markets, was first to relay the outlook.Ninoy Aquino International Airport is Manila’s main air hub. (Image: Hard Rock Atlantic City)Moody’s defines B2 as “being speculative and a high credit risk.” But that’s better than Caa3, which is described as “poor quality and very high credit risk.”The financial services firm says the reason for its upgrade is due to a strengthening gaming industry that saw two new casino resorts open this summer. Moody’s adds that the city’s recent tax dispute settlements, as well as the continued “strong oversight by the State of New Jersey,” were the driving rationale behind the credit modification.The outlook remains positive,” Moody’s declared. Billions of dollars have been invested in constructing luxury properties including Solaire, City of Dreams, and Okada Manila.A flight from Shanghai, China’s most populated city, to the Filipino capital, is under four hours. fanduel casino email