Fitch Updates Recovery Analyses for U.S. Gaming Operators

NEW YORK--(BUSINESS WIRE)-- Link to Fitch Ratings' Report: U.S. Gaming Recovery Tools (Fourth-Quarter 2014)

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=865127

Fitch Ratings has published updated recovery analyses for the following U.S. gaming operators:

--Caesars Entertainment Resort Properties, LLC

--Caesars Growth Properties Holdings, LLC

--MGM Resorts International

--Boyd Gaming Corporation

--Marina District Finance Company, Inc (Borgata)

--Peninsula Gaming, LLC

--Pinnacle Entertainment, Inc.

Fitch also includes an updated recovery analysis for Caesars Entertainment Operating Co., which had its ratings withdrawn on April 22, 2015 following the Chapter 11 filing on Jan. 15, 2015.

The interactive recovery analysis worksheets are available at 'www.fitchratings.com' under the following headers:

Sectors then Corporate Finance then Corporates then Research

Additional information is available at 'www.fitchratings.com'

Applicable Criteria and Related Research:

--'Recovery Ratings and Notching Criteria for Nonfinancial Corporate Issuers' Nov. 18, 2014;

--'Corporate Rating Methodology' May 28, 2014;

Applicable Criteria and Related Research:

Recovery Ratings and Notching Criteria for Non-Financial Corporate Issuers

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=813588

Corporate Rating Methodology - Including Short-Term Ratings and Parent and Subsidiary Linkage

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=749393

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Source: Fitch Ratings

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