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Wynn Resorts Finance Unit Downgraded on Macau WeaknessWritten by: Todd Shriber

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Wynn Resorts’ (NASDAQ:WYNN) Wynn Finance arm was downgraded by Moody’s Investors Service, with the research firm citing ongoing weakness in Macau. The rating agency takes the credit grade on the gaming company’s finance unit to B1 from Ba3, and the probability of default to B1-PD from Ba3-PD. Moody’s also lowered the rating on Wynn Macau’s
The post Wynn Resorts Finance Unit Downgraded on Macau Weakness appeared first on Casino.org.
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