Day: April 1, 2024
Bally’s Hit with Another Credit Rating Downgrade
Bally’s (NYSE: BALY) accomplished a dubious trifecta as its credit rating has been lowered by a third major ratings agency. Bally’s on the Atlantic City Boardwalk. The operator saw its credit rating downgraded by a third ratings agency on Monday. (Image: Bloomberg) On Monday, Fitch Ratings downgraded the regional casino operator’s credit grade to “B”…
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