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video poker games at the casinoThe Las Vegas-based entity owns about 56 percent of the China gaming concern.The SEC filing indicates the company is rethinking that position.”The Excalibur operator said it had billion in cash and .fanduel stardust casino jersey city njThe Mandalay Bay operator notched first-quarter net income of 7 million, up from million a year earlier.MGM Resorts International (NYSE:MGM) was likely net income negative in the first quarter, excluding one-time items, as revenue tumbled 29 percent because of gaming property closures forced by the coronavirus.“Our Macau properties are incurring cash operating expenses, exclusive of rent, interest, variable gaming taxes, corporate expense and expected capital expenditures, of approximately .resorts casino slot machines

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poker casino londonBut it gave investors a taste of what to expect in a form 8-K filing with the Securities and Exchange Commission (SEC) released earlier today.“Our Macau properties are incurring cash operating expenses, exclusive of rent, interest, variable gaming taxes, corporate expense and expected capital expenditures, of approximately .On the upside, Allen says Hard Rock generates the majority of its revenue from its Florida casinos, which he says are more regional enterprises where customers and gamblers predominantly arrive by car.Macau casinos were temporarily shuttered for 15 days in February and though those venues are now open, business is far from normal and concessionaires there, including MGM China, are burning significant amounts of cash on a daily basis.Excluding the MGM Growth Properties (NYSE:MGP) and MGM China units, MGM Resorts has no debt coming due before 2022.On the upside, Allen says Hard Rock generates the majority of its revenue from its Florida casinos, which he says are more regional enterprises where customers and gamblers predominantly arrive by car.golden nugget casino mibibippi