Monthly Archives: 9월 2023

Pitch withdrew its rating as Crown decided to stop participating in the rating process

Fitch said it downgraded the issuer’s default rating for Australian casino operator Crown Resorts from “BBB” to “BB-” and lowered the senior unsecured rating for financial institutions’ publishing stations. Both ratings remained “grade clock negative”. The rating agency said the downgrading “reflects Crown’s worsening financial profile following the completion of the acquisition of new owner

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A brokerage said it only expects a “meaningful business” to return to Macau Casinos

The city’s casino gross gaming revenue, compiled at $3.98 million in MOPs, was its lowest monthly tally since a liberalization-era record dating back to 2003, data from the Macau government showed on Monday. JPMorgan Securities said its July tally averaged just 13 million MOPs per day, “2% of pre-COVID levels” in 2019. “This shouldn’t come

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