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Бэлли получает третье понижение кредитного рейтинга, на этот раз от Фитч’a

Источник изображения:https://www.casino.org/news/ballys-suffers-third-credit-downgrade-this-time-from-fitch/

The article tells that Bally’s Corporation has received another credit downgrade, this time from the rating agency Fitch. This marks the third credit downgrade for the company in recent months. The downgrade comes as Bally’s continues to face challenges in the gaming industry, including increased competition and the impact of the COVID-19 pandemic.

The rating by Fitch now stands at “B-” with a negative outlook, reflecting the agency’s concerns about Bally’s financial position and ability to manage its debt obligations. The company’s stock price has also taken a hit following the news of the latest downgrade.

Bally’s has been working to improve its financial situation, including through the acquisition of other gaming properties and partnerships with sports betting and iGaming companies. However, the challenges facing the company have continued to mount, leading to the repeated credit downgrades.

Analysts are closely watching Bally’s to see how the company will address its financial challenges and turn its fortunes around. In the meantime, investors and stakeholders will be keeping a close eye on the company’s performance in the coming months.

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