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slot machine casino mThat forecast moves to seven years if the company postponescasino f bombs a two-phase expansion at Galaxy Macau.6 million] per day, and cash-flow breakeven (post interest cost and maintenance capex) at MOP400-million levels ( million),” according to JPMorgan.6 million] per day, and cash-flow breakeven (post interest cost and maintenance capex) at MOP400-million levels ( million),” according to JPMorgan.online casino etfThe industry can stay EBITDA [earnings before interest, taxation, depreciation and amortisation] breakeven at the gross gaming revenue run-rate of around MOP300 million [US.”Sisolak’s executive order suspended all evictions and foreclosures in the state for as long as Nevada remains in a “state of emergency.But getting to cash flow breakeven will be trickier, said JPMorgan analysts.free online slots and casino games

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real online casino no deposit bonus codes“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.Lenders Playing BallConcessionaires in the Special Administrative Region (SAR) are finding some relief from lenders that are relaxing coverage and interest ratio provisions, which could help borrowers avert default should it take years for business to return to normal.Sands China, the Macau arm of Las Vegas Sands (NYSE:LVS) has .Sands China, the Macau arm of Las Vegas Sands (NYSE:LVS) has .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 .Macau’s six concessionaires can likely break even on an earnings before interest, taxes, depreciation and amortization (EBITDA) basis this year with .draftkings casino odds

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