casino roulette table for saleLas 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 ofscarlet pearl casino restaurants rent, interest, variable gaming taxes, corporate expense and expected capital expenditures, of approximately .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.free slots no download quick hitsThe chairman noted that prior to the coronavirus outbreak, LVS’s market value exceeded that of all US-based rivals combined, and that if the company goes shopping, it could be for a competitor or individual properties.”The Excalibur operator said it had billion in cash and .uarter net income of 7 million, up from million a year earlier.lake tahoe casino age

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paragon casino dining“We cannot predict tscarlet pearl casino restaurantshe manner in which such benefits or any of the other benefits described herein will be allocated or administered, and we cannot assure you that we will be able to access such benefits in a timely manner or at all.We intend to continue to review and consider any available potential benefits under the CARES Act for which we qualify,” according to the document.Reversing Course on CARES ActCongress passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) on March 27 and initially, it appeared as though MGM would not participate in that program.free slot machines 7778 billion in liabilities as of March 31.78 billion, both of which were significantly better than Wall Street expected.On a non-GAAP basis, the largest US casino operator by market capitalization lost three cents a share, well ahead of the 12-cent loss Wall Street was bracing for.free 3 reel slots games

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table games at meadows casinoMacau 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.Reversing Course on CARES ActCongress passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) on March 27 and initially, it appeared as though MGM would not participate in that program.No Better in MacauMGM China, the operator of MGM Cotai and MGM Macau, is on course to report a first-quarter revenue slide of 63 percent to 2 million.Venetian operator Las Vegas Sands posted Q1 results that weren’t nearly as awful as Wall Street expected.uarter net income of 7 million, up from million a year earlier.But the bulk of this year’s figure is attributable to the previously announced sale of the MGM Grand and Mandalay Bay on the Las Vegas Strip to an entity controlled by MGM Growth Properties (NYSE:MGP) and Blackstone Real Estate Income Trust (BREIT) for .caesar casino atlantic city open