S&P: Inn of Mountain Gods up to stable

Standard & Poor's said it revised its outlook on the Inn of the Mountain Gods Resort and Casino to stable from negative due to improved operating performance, a modest improvement to credit measures and the expectation that steady performance will continue as the expansion project nears completion.

In addition, S&P affirmed its B corporate credit and B senior unsecured debt ratings.

S&P said the ratings on Inn of the Mountain Gods, the entity formed to own and operate the casino and resort operations for the Mescalero Apache Tribe, reflect the enterprise's narrow business focus by operating in a single market and risks associated with operating a larger resort facility once the expansion is complete.

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