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S&P shunts Casino debt deeper into junk, refinancing deadline looms, Reuters

PARIS (Reuters) - Credit rating agency Standard & Poor’s pushed Casino’s debt ( CASP.PA ) deeper into junk territory on Monday, derailing the French retailer’s efforts to reassure investors over the sustainability of its finances ahead of a repayment deadline. The downgrade of Casino’s debt by a single notch from ‘BB+’ to ‘BB’ came after the French retailer’s share price plunged 15 percent on Friday, when U.S. short-seller Muddy Waters flagged a delayed regulatory filing from subsidiary Casino Finance. Casino responded on Monday, saying the cash position of Casino Finance, which issues bonds for the retailer, stood at 801 million euros...

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Flamingo Las Vegas The property includes a 72,300 square-foot casino along with 3,626 hotel rooms. The architectural theme is reminiscent of the Art Deco and Streamline Moderne style of Miami and South Beach. Staying true to its theme, the hotel includes a garden courtyard which serves as a wildlife habitat for flamingos. The hotel was the third resort to open on the Strip and remains the oldest resort on the Strip in operation today. The Flamingo has a Las Vegas Monorail station called the Flamingo & Caesars Palace station at the rear of the property. After opening in 1946, it has undergone a number of ownership changes. History [ edit ] Land background and hotel design (1945) [...

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Riches and Rewards Await at Spin Palace Online Casino Welcome to Spin Palace, the home of quality online casino games, big jackpots and unparalleled entertainment! Recognised as one of the world’s premium online casinos, Spin Palace has a long and illustrious history and is trusted to provide a safe and secure environment in which you can enjoy all your favourite games. Launched in 2001, Spin Palace is a licensed, regulated and legal casino that makes online entertainment come alive in the most satisfying way. Join a World of Winners Featuring an average payout ratio of 97%, a selection of progressive jackpot games, and bonuses and loyalty rewards that will keep you coming back for...

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