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hollywood casino layoffs 2020property is under expansion, something viewed as an important earnings and revenue driver for the company.”While MCRI is in no way immune to challenges introduced by the (coronavirus) outbreak, we would argue the company is positioned to benefit from several structural advantages that are currently being overlooked by investors,” said Boyer in a note obtained by Casino.“All told, while the irrational selloff to the sub-5x 21E earnings before interest, taxes, depreciation and amortization (EBITDA) level has caught our attention, we would prefer to see some level of rationality return to the public equity markets prior to growing more constructive on the shares,” said Boyer.These include Ohio’s MGM Northfield Park and MGM’s Yonkers Raceway — where a long-time trainer and office worker died after contracting coronavirus.On a recent conference call, management did not indicate the COVID-19 outbreak is delaying enhancements at that venue.An unspecified number of MGM workers’ furloughs and layoffs will commence next week.riverwind casino instagram