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winstar world casino and resort texasGaming REITs are vulnerable in the zero-revenue environment, says Moody’s, because, well, rent still has to be paid. Gaming and Leisure Properties (NASDAQ:GLPI), MGM Growth Properties (NYSE:MGP), and Vici Properties (NYSE:VICI) each had outlooks on their credit ratings lowered to “negative” from “stable” by online casino no deposit bonus in texas pvxnMoody’s Investor’s Service. Australia’s Johann Graf, founder of gambling firm Novomatic, is third at .5 billion.The only other US casino billionaires are Steve Wynn (.1 billion), and his ex-wife, Elaine Wynn (.4 billion).Forbes ranks billionaires who have, or in Steve Wynn’s case, had, the majority of their wealth held in shares in publicly traded companies, meaning individuals such as the Fertitta brothers, who privately own Station Casinos, are not on the list. vegas casino online 100 no deposit bonusMicrosoft founder Bill Gates is next at billion.The United States is home to the most billionaires with 614, followed by China (including Hong Kong and Macau) at 456.Forbes keeps a daily real-time net worth of all 2,095 billionaires. Gaming REITs are vulnerable in the zero-revenue environment, says Moody’s, because, well, rent still has to be paid. Usually, that’s an effective business model, but at a time when all domestic casinos are closed, speculation is intensifying about the ability of gaming companies to handle near-term lease obligations.The rapid and widening spread of the coronavirus outbreak, deteriorating global economic outlook, falling oil prices, and asset price declines are creating a severe and extensive credit shock across many sectors, regions and markets,” said Moody’s in a report obtained by Casino.org. twin rivers casino washington

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