Josh Swissman Quoted on Las Vegas Review-Journal
Posted on
March 27, 2024
Tropicana operator downgraded; how could this affect A’s stadium plans?
Two credit rating organizations have downgraded Bally’s Corp. just as the company is on the verge of closing its Tropicana property in Las Vegas.
In separate actions, Moody’s Investors Services downgraded Rhode Island-based Bally’s from “B1” to “B2” while S&P Global Ratings cut its Bally’s rating from “B” to “B-,” junk-bond status.