Category: Online Casino

About the fact that in a Thursday memo, Fitch Ratings Inc. considered the disposal to be a “light credit negativ” as its Las Vegas Sands Corp (LVS) group was on track to raise US$6.25,000 million in casino online gambling Malaysia assets from sales.

Although the deal – revealed Wednesday – would have increased liquidity in Las Vegas Sands and increase their net leverage, “negatively,” there was “the selling reduction in the contingent liquidity of Las Vegas Sands by being able to burden [offer creditors’ security] their Las Vegas properties,” Fitch said.

Positive loan

Las Vegas Sands is the relatives of Sands China Ltd, the Macau casino developer, and Marina Bay Sands Pte, the promoter of the Singapore-based Marina Bay Sands casino resort. A Thursday notice on offer, Moody’s Investors Service Inc. stated that Las Vegas – including non-gaming properties such as Sands Expo and the Convention Center (photographed) – has been considered a “modest positive loan.”

This was the basis for the transaction to provide the casino group with substantial additional resources, enhance liquidity and provide leverage to reinvest in Singapore and Macau, and further increase growth and debt reduction opportunities.

Moody’s adds that the deal had no immediate positive effect on the credit rating ‘Baa3’ by Las Vegas Sands and on its ‘poor’ outlook. Because of its “constraining profits” over time, the activities of the gambling company “continues” to be adversely affected by lower tourist numbers and social distancing steps on its business markets.

Moody’s note ‘Baa3’ is the lowest rating of long-term corporate responsibility for a financial institution and has been regarded as subject to a ‘moderate’ credit risk.

Fitch has also reiterated the senior unsecured debt of “BBB-” in Las Vegas Sands and Sands China, as well as the senior credit facility of “BBB” in Marina Bay Sands. Fitch said the group’s outlook was ‘negative.’

The Las Vegas sale-off said by fitch “increases the gross debt for Las Vegas Sands in about the medium term,” “decreases slightly diversity and creates doubt over the ultimate use of proceeds.”

Several venture experts have pointed to possible investments in online gaming in North America.

In a Wednesday note, Brokerage Sanford C. Bernstein Ltd said that selling Las Vegas properties could help the parent’s dividend return. In a press release on Wednesday, Robert Goldstein, President & CEO of Las Vegas Sands said this brand also has involvement in “domestic developments” in the USA. He said: “Asia remains the bedrock of the business and the core of our attention is our growth in Macao and Singapore.”

Benefits 

In comparison with the benefit for 2019 of US$17.7 million, the pandemic and the corresponding casino closures “continued effects,” he described. However, the division increased net profits year by year in the fourth quarter, the company said at the beginning of this month. Such revenue was positive by US$1.1 million for the three months up to December 31 versus a loss of US$4.1 million in the preceding year trusted casino online malaysia. 

Fitch said that it had raised the issuer’s Default Rating of Everi (IDR) to ‘B+’ in its Friday note to ‘B’ on Everi. In this regard, the Fitch Group has upgraded the senior debts secured by Everi Group from ‘BB’/’RR’ to ‘B-‘/’RR6’ from ‘CCC+’/’RR6.’…

€ 150,000 in the Mission Patrimoine scratch card

We are going to tell you the nice little story, which takes place in the English Channel, on the side of our dear French neighbors, of this lucky player who pockets 150,000 euros in the “Mission Patrimoine” scratch card. But we will also tell you about this strange story, still around this game, of this tobacconist from Valence-sur-Baïse who is already boycotting the operation and therefore refuses to sell tickets for this game officially organized for the renovation and rehabilitation of French monuments in danger.

It is Thursday, September 6, 2018, and a client is starting her return to school quite well. She has indeed won a sum of € 150,000 in the brand new scratch card which is a huge success in France: “Heritage Mission”, orchestrated and sponsored by Stéphane Bern. In fact, she signs here the first of four lots of this amount recorded since the launch of the operation. We know, for example, that the ticket was withdrawn at the Le Havre bar-tabac in Saint-Hilaire-du-Harcouët, which is therefore located in the south of the Channel.

A nice prize pool for the start of the school year

Nathalie Alleaume, the manager of the establishment, tells us that it is a mother of around fifty, living in the area, who won this fabulous gain of € 150,000.

This game is very recent and was indeed launched on Monday September 3rd. Brand new, this game did not yet attract many people if we judge the statements of tobacconists in the town. Until this lucky girl wins trusted online casino singapore such a sum and therefore does at the same time a pretty good publicity to the scratch ticket. The person in charge of the establishment then explains in the media that this regular of the place then presented itself in tears, under the effect of emotion, because she still could not believe it. Very good news for this woman who will therefore have to go to the Rennes payment center very soon to withdraw this wonderful gain. An opportunity for the tobacconist to also give him a check on this occasion. This is a situation that allows him, among other things, to benefit from an excellent publicity stunt for his business and he will not wait long before posting the good news of this winner on the storefront. It is a pretty good sum which greatly surpasses the 20 000 € scooped by another lucky customer who had attacked this time at a Solitaire.

A gain beneficial to all

It is true that it is interesting to note that, in general, this gain of 150,000 euros makes it possible to boost the game throughout the territory. Nathalie Alleaume confirms this by explaining for example that the effect is already immediate, and that consumers therefore quickly rushed to her counter to buy their ticket and apply for the dream. Success such as this will lead to a stock shortage. But the virus has also spread to the neighborhood and it will then be the same observation at the Khedive counter in Saint-Hilaire. We learn, for example, that the manager, Christelle Lebigot, had to request a special delivery of 20 to 25 additional tickets to meet the exponential demand. We therefore know that ten cardboard sesames were delivered at the beginning of September in this bar-tobacco.

A small downside

There is a downside to this story, however. Indeed, the players believe that the sum dedicated to the foundation of heritage remains however far too low compared to the rather high cost of the ticket at tobacconists. It must be said that they are not necessarily wrong since of the € 15, only € 1.52 is donated to the renovation of monuments in danger. This is one of the reasons why some tobacconists, as you will see in the second part of our article, refuse to sell these tickets.

This feeling has really been shared since the beginning of the month by most tobacconists, some of whom do not hesitate to boycott the game and to let it be known openly. Moreover, retailers and traders do not hide their anger. They believe that the operation hides a reality other than this laudable safeguard of heritage. However, we know that the foundation has already selected 270 files. Among them, we find 18 emblematic sites which will therefore be financed by the income obtained by this lotto and the scratch game. With regard to the Channel, it is the Château de Carneville which was therefore selected and which will benefit from these payments.…

To start this new week, we invite you to discover two very positive news. The first concerns the official inauguration of the new Casino Barrière in Cap d’Agde.

The second tells you the story of a very small, but rather original, jackpot won at the Casino de Castéra in the Gers. Indeed, the latter, worth 5,000 euros, has the particularity of having been awarded to a client who has not paid a cent to be entitled to it.

New casino in Cap d’Agde

We are therefore starting the first news with good news for Cap d’Agde, which has just experienced the official inauguration of its new Casino Barrière. Although this is not that new, knowing that the Casino Barrière du Cap d’Agde has opened its doors since the start of the summer season, it was however officially inaugurated on Thursday, September 27, 2018. A screening for which Gilles d’Ettore, the mayor of the town, and Dominique Desseigne, the CEO of the group were present. It is also interesting to note that the godmother of the establishment is none other than Clara Morgane, former actress of naughty films turned businesswoman in fashion.

A very nice project

This casino is a large-scale project which is ideally placed in the center of the port of Cap d’Agde. The establishment therefore celebrated last week and especially with great fanfare the inauguration of its new spaces. Specially redesigned corners to satisfy customers. It is important to note that it will be joined by the new convention center in early 2019 and by a 5-star hotel from the luxury Hyatt chain in 2020.

It is a project that was originally rather ambitious, as the work cost around 4 million euros in investment. Improvements mainly made to renovate the games room and other accessible spaces. It is interesting to note that the entertainment part now contains no less than 150 slot machines, of which a third of the equipment has simply been judiciously installed in a patio specially dedicated to smoking players. But regulars of games of chance will also have the pleasure of finding the essential English roulette tables as well as those of blackjack. Electronic bingo tables are also offered, which to this day remains a national exclusive for the casino.

A full casino in Cap d’Agde

We therefore find an establishment managed by Olivier Stachowiak. The gambling house actually benefits from many advantages, and more particularly around the activities. It is important to note indeed that this casino can accommodate many performances to entertain players with something other than slot machines or table games. In addition, there is a restaurant and an auditorium accessible to all and without age restriction. What about the Bistro Barrière, which remains available at any time of the day and open 7 days a week?! A cozy place that allows you to enjoy the outdoor terrace and savor the decor of the places imagined by Chantal Peyrat, a award-winning interior designer and designer. The latter has indeed been entrusted with the embellishment of the infrastructure and has therefore been able to infuse this occasion with a cozy atmosphere that combines a chic and relaxed decoration. A pleasant way to allow visitors to enjoy a pleasant and particularly serene environment. You will be able to see it for yourself during your next visit, through the many wall frescoes which arouse the glances and the curiosities. Paintings to discover, signed by the Sète painter Hervé Di Rosa. through the many wall frescoes that attract attention and curiosities. Paintings to discover, signed by the Sète painter Hervé Di Rosa. through the many wall frescoes that attract attention and curiosities. Paintings to discover, signed by the Sète painter Hervé Di Rosa.…