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encore casino newsGood News: Strong Financial FootingThe first-quarter loss and executive turbulence could be red flags for investors over the near-term.The executive departures come after some analysts questioned how long it will take Las Vegas, MGM’s marquee domestic market, to recover following the COVID-19 pandemic.But MGM is sporting one of strongest balance sheets in the industry, includiharrah s cherokee casinoOn Friday, a day after MGM Resorts International (NYSE:MGM) reported a first-quarter loss of 45 cents per share on a precipitous 29 percent drop in revenue, investors were treated to a nearly 11 percent slide in the stock price, division among Wall Street analysts, and more turnover among high-ranking executives.Although we fully expect the North American gaming industry to recover from COVID-19, we expect the Strip to lag regional/convenience markets on the path to recovery,” said Stifel analyst Steven Wieczynski in a note provided to Casino.”In New Jersey and Pennsylvania, internet casinos have seen a surge in play.pechanga casino near me

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hollywood casino toledo”In New Jersey and Pennsylvania, internet casinos have seen a surge in play.On a conference call with analysts following the company’s Thursday afternoon earnings report, interim CEO Bill Hornbuckle noted Bellagio and New York-New York would likely be the first MGM Strip venues to rejuniper santa ana casinoopen when Nevada allows gaming properties to get back to business.Lots of Executive TurnoverNews of the executive departures from four of MGM’s Sin City properties is the latest in what is turning out to be a busy year on that front for the gaming company.”He has a “hold” rating on the stock, making him one of 13 of 22 analysts covering the name with a neutral view.3 million.Earlier this year, former CEO Jim Murren said he was leaving before his contract was up, an exit that was sped up so he could join Nevada’s COVID-19 response task force.planet 7 casino live dealer