restaurants at angel of the winds casinoPIMCO’s Kiesel told Bloomberg his firm has loaned money to “leaders” in the hotel and gaming industries, as well as to airlines via credits that are backed by new planes.”Back from the BrinkAs stocks tumbled and as US casinos were shuttered in March, concerns ramped-up about gaming companies’ ability to survive the pandemic.MGM says Ocean has hired six ex-Borgata execs, at least two of which have violated their one-year non-compete agreements.100 free casino slot games”Kiesel said the bond house is overweight travel and leisure debt in a “prudent way.They add that both Burke and Callahan are in violation of their non-competes.Relevant to gaming companies, airfares increased 5.how to add money to chumba casino

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tachi palace casino food“In a transparent ruse to circumvent his non-competition obligations, Ocean gave the career casino marketing executive the title of ‘SVP of Hotel Operations’ despite the fact that during his 18 years of work at Bowild casino no deposit codesrgata, he had never overseen hotel operations, never overseen housekeeping, never overseen front desk, bell desk, or janitorial serves (all of which are core hotel functions),” the lawsuit challenges.Airlines Take OffThe airline industry rebounding is essential to Sin City’s recovery because most travelers arrive at the largest US gaming mecca via passenger jet.That makes Las Vegas vulnerable to airlines’ recent moves to slash routes to conserve cash.sam s town casino las vegas weddingsCompounding Nevada’s woes is that drive-in traffic from neighboring Arizona and California remains slack. wild casino no deposit codes However, there are incremental signs of improvement.Borgata has brought a lawsuit against Atlantic City competitor Ocean Casino on allegations that the boardwalk resort has poached its marketing executives and stolen its trade secrets. 6 to 12 months, I think you could see a rebound, and that’s the next wave, or the rally.resorts casino tier match

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desert diamond casino hotel tucson(Image: Ocean Casino Resort)Filed in the US District Court of Nevada, MGM Resorts, the parent company to Borgata, argues Ocean Casino has unlawfully hired several of its former marketing executives.Several months later, some casino giants are as well-capitalized as they’ve ever been.The lawsuit says Burke and Callahan know how MGM caters to its high rollers and knows specifics on each VIP’s gambling preferen8 billion wins.That makes Las Vegas vulnerable to airlines’ recent moves to slash routes to conserve cash.”Kiesel said the bond house is overweight travel and leisure debt in a “prudent way.cliff castle casino poker room