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golden nugget casino and hotel(Image: Bloomberg)The Las Vegas-based company is scheduled to report results for the first three months of the year on April 30.If not for the MGM Grand/Mandalay Bay deal, MGM would have lost money in Q1.Venetian operator Las Vegas Sands posted Q1 results that werwhen is four winds casino opening upWithout that one-time item, the gaming company probably lost money in the January through March period, something Wall Street is expecting, as the consensus analyst forecast on MGM is a loss of 17 cents a share.All Nevada casinos have been closed more than a month because of COVID-19.Noting that it continues facing significant fixed costs, MGM said it’s slashing at least 50 percent of planned 2020 capital spending, implementing a hiring freeze, and that “certain senior executives and directors voluntarily elected to receive all or a portion of their remaining base salary during 2020 in the form of restricted stock units in lieu of cash.cache creek casino direct bus

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online casino 100 free spinsNoting that it continues facing significant fixed costs, MGM said it’s slashing at least 50 percent of planned 2020 capital spending, implementing a hiring freeze, and that “certain senior executives and directors voluntarily elected to receive all or a portion of their remaining base salary during 2020 in the form of restricted stock units in lieu of cash.“Our Macau properties are incurring cash operating expenses, exclusive of rent, interest, variable gaming taxes, corporate expense and expected capital expenditures, of approximately .We’re very concerned about that business as we try to navigate through the summer, which is traditionally the time of year when they have their most profitable months,” Allen explained.Venetian operator Las Vegas Sands posted Q1 results that wer1 billion while EBITDAR is expected to drop 34 percent to 8 million.If not for the MGM Grand/Mandalay Bay deal, MGM would have lost money in Q1.borgata online casino support phone number