2025.12.16
winstar world casino twitterOn Friday, reports surfaced that it’s not immediately clear when the Indiana Horse Racing Commission (IHRC) will next get together to consider the transaction, because a March 19 meeting was postponed by the coronavirus.ERI likely can’t afford to have the deal scrapped due to regulatory issues.The March IHRC meeting hasn’t been rescheduled.four winds casino video poker(Image: Yahoo News)MGM, the largest operator on the Las Vegas Strip, is implementing what acting CEO Bill Hornbuckle calls “aggressive cost savings initiatives,” including a hiring suspension, layoffs, and substantial reductions in capital spending.If that happens, the company would owe Caesars a breakup fee of almost 7 million, or more than 80 percent of its current market capitalization.MGM Steady For NowEarlier Friday, MGM said it’s incurring “substantial operating losses in March,” adding that it has no visibility on when its gamharrah s casino greenville msing venues will reopen.paragon casino kid quest no deposit bonus codes yabby casinochukchansi casino employmentBut news of the stimulus package’s passage comes as several operators announced various cost-cutting initiatives.On Friday, reports surfaced that it’s not immediately clear when the Indiana Horse Racing Commission (IHRC) will next get together to consider the transaction, because a March 19 meeting was postponed by the coronavirus.”The Mandalay Bay operator sainew lucky creek bonus codesBut in the meantime, Indiana presents some risk to the deal, too.Indiana, TooThe investment community will likely focus on when Nevada and New Jersey will get around to determining the fate of the ERI/Caesars marriage.But LVS won’t be taking government loans, either.slot machine casino california bellagio casino mibibippithe bicycle casino tournamentsNew Jersey, however, is seen as a wild card because the combined ERI/Caesars would own four of the nine Atlantic City Boardwalk casinos.Now, consensus appears to be that Eldorado won’t shutter or sell a Garden State property for at least two reasons.Those venues are Hoosier Park and Indiana Grand.ERI likely can’t afford to have the deal scrapped due to regulatory issues.The IHRC also reportedharrah s casino greenville msly voiced concerns that ERI lacks substantial experience in operating racinos – combined casinos and racetracks – of which it would acquire two in purchasing Caesars.Grappling with the financial impact of all of its domestic gaming operations being temporarily halted because of the coronavirus outbreak, MGM Resorts International (NYSE:MGM) doesn’t plan to tap the 4 billion in loans being made available to larger businesses as part of the federal government’s trillion stimulus package.thunder valley casino slots hallmark casino no deposit bonus codes 2020 |