January 12, 2018 06:47 AM
A new report is not painting a great picture of del Lago Resort and Casino.
Moody's Investor Services has downgraded del Lago's Corporate Family Rating to a negative outlook.
According to the report, its revenue is well below Moody's expectation.
Analysts expected the casino to make $250 million in the first year, but nine months in, Moody's says the casino will make just $150 million.
One major reason for Moody's outlook, there's too many casino's too close to del Lago.
Created: January 12, 2018 06:47 AM
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