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wynn casino las vegas nevadaAll nine Atlantic City casinos have been closed since New Jersey Gov.It notched revenue of .Macau casinos were temporarily shuttered for 15 days in February and though those venues are now open, business is far from normal and concessionaires there, including MGM China, are burning significant amounts of cash on a daily basis.brian christopher slots instagramAll Nevada casinos have been closed more than a month because of COVID-19.Noting that it continues facing significant fixed costs, MGM said it’s slashing at least 50 percent of planned 2020 capital spending, implementing a hiring freeze, and that “certain senior executives and directors voluntarily elected to receive all or a portion of their remaining base salary during 2020 in the form of restricted stock units in lieu of cash.We intend to continue to review and consider any available potential benefits under the CARES Act for which we qualify,” according to the document.poker casino amsterdam

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foxwoods resort casino at biloxi pointeLas Vegas Sands (NYSE:LVS) surged more than eight percent in Wednesday’s after-hours session after the company posted break even first-quarter results on the basis of generally accepted accounting principles (GAAP).MGM Resorts International (NYSE:MGM) was likely net income negative in the first quarter, excluding one-time items, as revenue tumbled 29 percent because of gaming property closures forced by the coronavirus.Las Vegas Sands (NYSE:LVS) surged more than eight percent in Wednesday’s after-hours session after the company posted break even first-quarter results on the basis of generally accepted accounting principles (GAAP).“Our Macau properties are incurring cash operating expenses, exclusive of rent, interest, variable gaming taxes, corporate expense and expected capital expenditures, of approximately .On the Las Vegas Strip where MGM is the largest operator, the company is projecting a 21 percent revenue decrease to .3 billion, a 29 percent decline, and a 61 percent drop in earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) to 5 million.aliante casino las vegas restaurants