online gambling companiesMGM Resorts International (NYSE:MGM) was likely net income negative in the first quarter, excluding one-time items, as revenue tumbled 29 percent because of gaming property closures forced by the coronavirus.Excluding the MGM Growth Properties (NYSE:MGP) and MGM China units, MGM Resorts has no debt coming due before 2022.“Our Macau properties are incurring cash operating expenses, exclusive of rent, interest, variable gaming taxes, corporate expense and expected capital expenditures, of approximately .river spirit casino music5 million per day, which iharrah s cherokee casino promotionss significantly in excess of amounts being earned at those properties,” the company noted in the SEC 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.The SEC filing indicates the company is rethinking that position.las atlantis casino blackjack

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draftkings casino paWithout that one-time item, the gaming company probably lost money in the January through March period, something Wall Street is expecting, as the consensus analyst forecast on MGM is a loss of 17 cents a share.But it gave investors a taste of what to expect in a form 8-K filing with the Securities and Exchange Commission (SEC) released earlier today.It notched revenue of .free online video poker with wheel“Our Macau properties are incurring cash operating expenses, exclusive of rent, interest, variable gaming taxes, corporate expense and expected capital expenditures, of approximately .The SEC filing indicates the company is rethinking that position.The Mandalay Bay operator notched first-quarter net income of 7 million, up from million a year earlier.coolcat mobile casino codes

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live casino map“Our Macau properties are incurring cash operating expenses, exclusive of rent, interest, variable gaming taxes, corporate expense and expected capital expenditures, of approximately .On the Las Vegas Strip where MGM is the largest operator, the company is projecting a 21 percent revenue decrease to .Excluding the MGM Growth Properties (NYSE:MGP) and MGM China units, MGM Resorts has no debt coming due before 2022.”The company is asking the board to approve a token quarterly dividend increase of one cent a share, or less if possible, according to the 8-K.Las 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).With 99,989 positive coronavirus cases, New Jersey trails only New York in the number of COVID-19 patients.sycuan casino pow wow