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Caesars, MGM Draw on Bank Credit Lines, Cash Becomes King for Fragile Gaming Industry
Caesars Entertainment Corp. (NASDAQ:CZR) and MGM Resorts International (NYSE:MGM) are among the gaming companies scrambling to bring cash onto their balance sheets by accessing...
— March 17, 2020
Penn National Slides 45 Percent, Three Others Down More Than 40 Percent as Gaming Stock Bloodletting Continues
On the worst day for US equities since 1987, gaming stocks weren't immune from selling pressure. In fact, the group was one of the...
— March 16, 2020
MGM Resorts’ Latest Cancellation Is Its Own Share Buyback Program
— March 12, 2020
Genting Credit Outlook Dropped to Negative as S&P Sees Coronavirus Crimping Casino Business
The outlook on Genting Bhd's credit rating, as well as that of its Resorts World Las Vegas LLC, was downgraded to “negative” from “stable”...
— March 12, 2020
