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firekeepers casino jackson miBut getting to cash flow breakeven will be trickier, said JPMorgan analysts.18 million in daily revenue.“Against their respective cash-burn, Galaxy has enough cash to survive 6+ years of no revenue (or 5 years even if it finishes Phase 3), SJM has four years (or three years even if it finishes Grand Lisboa Palace), Sands/Melco/Wynn have about two years, and MGM over a year,” notes the JPMorgan analysts.best online casino no deposit bonus usa45 million in daily turnover as the minimum needed for operators in the world’s largest casino hub to reach cash flow breakeven in 2020.Surviving Not Yet an IssueWith turnover non-existent in the US for the time being and activity slumping in Macau, analysts are evaluating the cash positions of gaming companies, assessing how long the firms can survive in a zero or near zero-revenue environments.That forecast moves to seven years if the company postponescasino f bombs a two-phase expansion at Galaxy Macau.peppermill casino ownership santa ana casino table gameszynga poker casino goldLenders 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.6 million] per day, and cash-flow breakeven (post interest cost and maintenance capex) at MOP400-million levels ( million),” according to JPMorgan.Macau operators will need some help to break even this year, according to JPMorgan analysts.free casino slots on facebookresident Donald Trump last month increases state unemployment benefits by 0 a week through July 31, 2020.7 billion in cash, assuming a no-revenue setting lingers longer than expected.Atlantic City Mayor Marty Small (D) has deemed the building a public heclearwater casino 4th of july 2021 slot machine casino jacksonville flseven feathers casino kbarIcahn Enterprises, the holding company of billionaire Carl Icahn, is asking a New Jersey Superior Court judge to dismiss a lawsuit filed against the company by the Atlantic City government regarding itcasino f bombss delay in demolishing Trump Plaza.On the peninsula, the cash outlook is mostly sturdy, with JPMorgan noting Galaxy Entertainment can survive six years with its .”Sisolak’s executive order suspended all evictions and foreclosures in the state for as long as Nevada remains in a “state of emergency.But DETR says it hasn’t received those funds yet, the website listing the component’s status as “awaiting federal guidance.But getting to cash flow breakeven will be trickier, said JPMorgan analysts.resident Donald Trump last month increases state unemployment benefits by 0 a week through July 31, 2020.pechanga casino directions morongo casino gas prices |