2025.12.15
gta 5 casino slot machine jackpotGrappling 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.As of Friday evening, it wasn’t clear which gaming companies would be participating in the 4 billion loan program.First, layoffs stemming from a closure would irk regulators.river spirit casino duck creek wiBellagio operator MGM doesn’t plan to participate in the 4 billion CARES Act loan program.New Jersey, however, is seen as a wild card because the combined ERI/Caesars would own four of the nine Atlantic City Boardwalk casinos.Second, New Jersey is a booming sports betting market.black hawk casino events casino fire islandgold coast casino buffet openOn Friday, reports surfaced that it’s not immediately clear when the Indiana Horse Racing Commission (IHRC) will next get together to consider the transaction, because a March 19 meeting was postponed by the coronavirus.What’s AvailableEarlier this month, Jim Murren, who recently left the top spot at MGM, met with President Trump to discuss assistance for the industry rocked by the coronavirus.”The Mandalay Bay operator sailittle river casino jobsThe March IHRC meeting hasn’t been rescheduled.ERI likely can’t afford to have the deal scrapped due to regulatory issues.But news of the stimulus package’s passage comes as several operators announced various cost-cutting initiatives.soaring eagle casino mount pleasant michigan poker casino konstanzhard rock casino lake tahoe table gamesThose venues are Hoosier Park and Indiana Grand.But in the meantime, Indiana presents some risk to the deal, too.The March IHRC meeting hasn’t been rescheduled.That’s obvious over-concentration in an already saturated market.”After being locked out of receiving tax breaks and financial assistance in the wake of Hurricane Katrina in 2005, the gaming industry was vigilant in positioning for COVID-19 relief, as all of the commercial and tribal casinos in the US are currently subject to shutdown orders.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.black bear casino wednesday giveaways downstream casino hotel |