Fitch Updates Recovery Analyses for U.S. Gaming Operators

NEW YORK--(BUSINESS WIRE)-- 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Fitch also includes a recovery analysis for Caesars Entertainment Operating Co., which had its ratings withdrawn on Apr. 22, 2015 following the Chapter 11 filing on Jan. 15, 2015.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'

U.S. Gaming Recovery Tools (First-Quarter 2015)

https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=867137

Applicable Criteria

Corporate Rating Methodology - Including Short-Term Ratings and Parent and Subsidiary Linkage [749393 - 28-MAY-2014] (pub. 28 May 2014)

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

Recovery Ratings and Notching Criteria for Non-Financial Corporate Issuers [813588 - 18-NOV-2014] (pub. 18 Nov 2014)

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

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View source version on businesswire.com: http://www.businesswire.com/news/home/20150609006494/en/

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Source: Fitch Ratings

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