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online casino sitesOn the peninsula, the cash outlook is mostly sturdy, with JPMorgan noting Galaxy Entertainment can survive six years with its .Most Macau operators won’t come close to breaching debt covenants for at least a year, a forecast based on the premise banks won’t provide the companies with some breathing room.“To put it simply, investors need not worry about covenant breach for at least a year of ‘zero revenues,’” said the JPMorgan analysts.island resort and casino covid 19That forecast moves to seven years if the company postponescasino near me lexington ky a two-phase expansion at Galaxy Macau.“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.” MGM Resorts, the largest employer in Nevada, says 60,000 of its employees have been furloughed.fanduel sportsbook at motorcity casino hotel

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