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coolcat casino free chipsWith recent sales by both operators in Northern Nevada and ERI not having a footprint on the Las Vegas Strip, it was expected Silver State regulators would green light the takeover.Under the terms of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), smaller casinos that need less than million can apply for part of 0 billion in Small Business Administration (SBA) loans.If that happens, the company would owe Caesars a breakup fee of almost 7 million, or more than 80 percent of its current market capitalization.intertops casino couponsIf that happens, the company would owe Caesars a breakup fee of almost 7 million, or more than 80 percent of its current market capitalization. necessary to allay regulators’ concerns regarding concentration risk.But news of the stimulus package’s passage comes as several operators announced various cost-cutting initiatives.free casino slot downloads

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lucky creek casino instant playGrappling with the financial impact of all of its domestic gaming operations being temporarily halted because of the coronavirus outbreak, MGM Resorts International (NYSE:MGM) doesn’t plan to tap the 4 billion in loans being made available to larger businesses as part of the federal government’s trillion stimulus package.The March IHRC meeting hasn’t been rescheduled.MGM Steady For NowEarlier Friday, MGM said it’s incurring “substantial operating losses in March,” adding that it has no visibility on when its gamharrah s casino greenville msing venues will reopen.As of Friday evening, it wasn’t clear which gaming companies would be participating in the 4 billion loan program.Indiana, TooThe investment community will likely focus on when Nevada and New Jersey will get around to determining the fate of the ERI/Caesars marriage.(Image: Yahoo News)MGM, the largest operator on the Las Vegas Strip, is implementing what acting CEO Bill Hornbuckle calls “aggressive cost savings initiatives,” including a hiring suspension, layoffs, and substantial reductions in capital spending.slot casino games