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black oak casino ageThe industry can stay EBITDA [earnings before interest, taxation, depreciation and amortisation] breakeven at the gross gaming revenue run-rate of around MOP300 million [US.Nevada casinos will remain closed through the end of the month, per Sisolak’s order.3 billion.casino jersey city“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.Getting to those levels is the issue for Macau operators, because with strict travel controls still in place stemming from the coronvirus, April GGR is a mere trickle, with some banks estimating a scant .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.chinook winds casino golf course

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