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Find the latest ratings, reports, data, and analytics on Gateway Casinos & Entertainment Limited Gateway casinos contain 12,800 slot machines and 365 table games. ... In March, rating agency Moody’s downgraded Gateway’s credit rating – it is considered a junk bond - and said in a report ... Canada’s Gateway Casinos will go public. The casino operator, Gateway Casinos & Entertainment Ltd, announced Friday that it has inked a merger deal with a publicly-traded shell company.The entire deal has been finalized for $1.12 billion. The merger is facilitated by Leisure Acquisition Corp which is to merge with Gateway. “Gateway has diversified its earnings stream by region and by property after being awarded three Ontario gaming bundles, which has reduced concentration risk," credit rating agency Moody’s ... S&P Global Ratings downgrades Foreign Currency LT credit rating of Gateway Casinos & Entertainment to "B-" 23/03/2020: Moody's Investors Service downgrades LT- local currency credit rating of Gateway Casinos & Entertainment to "Caa2"; outlook negative: 25/06/2019 The negative rating outlook reflects our expectation that Gateway will need to restructure its obligations. NEW YORK (Standard&Poor's) July 21, 2009--Standard&Poor's Ratings Services today lowered its ratings on British Columbia, Canada-based gaming company Gateway Casinos&Entertainment Inc. We lowered the corporate credit rating to 'CCC-' from ... Moody's lowers Gateway Casinos' ratings: outlook negative. Moody's Investors Service 17 Nov 2008 Rating Action Moody's lowers Gateway Casinos' ratings; outlook negative ... For credit ratings that are derived exclusively from an existing credit rating of a program, series, category/class of debt, support provider or primary rated entity, or ... Gateway Casinos and Entertainment Ltd is a Canada-based casino entertainment company. The Company is a gaming and entertainment operator, which operates approximately 12 properties with over 180 tables and over 5,000 slots machines in British Columbia and Alberta. Its hotel partners offer more than 1,000 hotel rooms and around 27 restaurants. Disclaimer: A SCOOP Rating (Wall Street Consensus of Opening-day Premiums), is a general consensus taken, at press time, from Wall Street and investment professionals concerning how well an IPO might perform when it starts trading. The SCOOP Rating does not reflect the opinions of anyone associated with IPOScoop.com. The SCOOP ratings should not be taken as investment advice. Rating Action On July 25, 2012, Standard & Poor's Ratings Services affirmed its ratings, including its 'BB-' long-term corporate credit rating, on Gateway Casinos & Entertainment Ltd., as the ...
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