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encore casino update“Importantly, while we appreciate the fact that pent-up casino patron demand and a sizable drive-in business should provide some level of resiliency once the NV government authorizes Strip casinos to open, we expect the recovery in the higher-yielding group/convention business to require considerable time to fully recover.Good News: Strong Financial FootingThe first-quarter loss and executive turbulence could be red flags for investors over the near-term.But commercial casinos remain shuttered on state orders.3 million.“Even when we come out of this, there won’t be a date where everyone says, ‘Come out of your houses and you’re free to do whatever you want,'” said Matt Carey of Vixio Regulatory Intelligence, a DC-based firm that works with gaming companies and payment processes on regulatory developments.Some tribal casinos have reopened, or are inching towards again welcoming guests.casino azul tequila