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covid-19 pandemic – NBC Connecticut

covid-19 pandemic – NBC Connecticut
nbcconnecticut.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcconnecticut.com Daily Mail and Mail on Sunday newspapers.

The Day - Tribes suing insurer over losses during pandemic-induced shutdowns - News from southeastern Connecticut

The Day - Tribes suing insurer over losses during pandemic-induced shutdowns - News from southeastern Connecticut
theday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theday.com Daily Mail and Mail on Sunday newspapers.

Tribes increasingly investing in Vegas

Tribal casinos in Las Vegas seen reaching a milestone moment

LAS VEGAS (AP) The purchase by a California-based Native American tribe of a casino resort just off the Las Vegas Strip is being seen a milestone in the evolution of Indian casino ownership in city at the center of U.

GGRAsia – Mohegan to cut debt/EBITDA soon says Moody s

United States-based Mohegan Tribal Gaming Authority, which controls casino operator Mohegan Gaming and Entertainment, is likely to be able to reduce its ratio of debt-to-earnings before interest, taxation, depreciation and amortisation (EBITDA) by the end of fiscal-year 2021, says Moody’s Investors Service Inc. But the institution added that the parent would in likelihood still have a level of leverage that leaves it with “a high degree of financial risk”. Mohegan Gaming is the promoter of an under-development casino resort called Inspire Entertainment Resort, in South Korea. Moody’s added: “This risk is compounded by our expectation that there will be continued ongoing operational challenges and earnings and cash flow pressure from efforts to contain the coronavirus, and that there will be a slow recovery to pre-coronavirus volume.”

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