Tag Archives: standard & poor
- Struggling Studio City likely to default loan, S&P warns
August 22, 2016
Credit-debt watcher Standard & Poor (S&P) Global Ratings is sounding alarm bells over the likelihood that Melco Crown Entertainment’s struggling Macau casino Studio City will default on its loan. Bloomberg reported that S&P lowered its outlook for Studio City Casino’s 2020 notes to negative, a clear indication of a dwindling...
- Pagcor won’t issue any casino licenses until 2016; S&P bullish on gaming growth in the PH
December 10, 2014
If Caesars Entertainment is serious about bidding for a casino license in the Philippines, it’s going to have to wait at least until 2016. The Philippine Amusement and Gaming Corp. (PAGCOR) has said that it won’t issue any new licenses until Philippine President Benigno Aquino III wraps up his term...
- Credit ratings agencies drop Revel’s credit ratings after slow start
August 23, 2012
The hits Revel keeps on getting is piling up and the latest one is a gut punch straight to the kidneys. Moody's Investors Service, a leading provider of credit ratings, research, and risk analysis, has dropped Revel's credit ratings from Caa1 to Caa2, and its senior secured revolver and term-loan...
Betfred hops on social casino bandwagon with Betfred Social
March 22, 2017
Volumes at Atlantic City show we’re deep into the boom
April 18, 2017