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lake tahoe casino strip“To put it simply, investors need not worry about covenant breach for at least a year of ‘zero revenues,’” said the JPMorgan analysts.Now, the days are numbered for the closed casino resort.Lenders Playing BallConcessionaires in the Special Administrative Region (SAR) are finding some relief from lenders that are relaxing coverage and interest ratio provisions, which could help borrowers avert default should it take years for business to return to normal.Atlantic City Mayor Marty Small (D) has deemed the building a public heThe industry can stay EBITDA [earnings before interest, taxation, depreciation and amortisation] breakeven at the gross gaming revenue run-rate of around MOP300 million [US.76 million per day in turnover to this point in the month.h casino минск

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