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encore casino las vegas restaurantsDrive-in services for places of worship will be permitted, and outdoor activities such as golf, tennis, and pickleball, will be allowed so long as players do so in ways that prevents the spread of COVID-19.In another cost-saving move, MGM said it’s slashing its annual dividend by 98 percent chukchansi casino hostto a mere one cent per share.Revenue dipped 29 percent to .chukchansi casino wikiBut the March shutdown had an obvious impact on the company’s top and bottom lines.41 million shares outstanding and prior payout of 60 cents a share, MGM was spending nearly 7 million annually on its dividend.Macau closed integrachukchansi casino hostted resorts for 15 days in February and visits have yet to come close to approaching 2019 levels.brian christopher slots face mask

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free slots online 7700Fortunately for Atlantic City casinos, the state allows the operators to offer online gambling.3 billion, which the company mainly attributed to a 63 percent drop in its MGM China unit.Domestic gaming property shutdowns didn’t commence until about two weeks left in the first quarter.Cash ConsiderationsFor much of this year, the story with MGM and other operators is how much cash they have on hand and how long they can survive, assuming the current climate of essentially no revenue in the US persists.Because of being closed for half of the month, March gross gaming revenue at the nine brick-and-mortar casinos totaled just .6 billion of cash on the balance sheet as of March 31, 2020, excluding MGM Growth Properties (MGP) and MGM China, and adjusted for the recent bond offering, the Company also has access to .encore.casino