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chumba casino envelopes redditThe company laid off approximately 95 percent of its 4,700 staff and performers, including 1,300 workers in Las Vegas.A press release today announced the news that Cirque du Soleil Entertainment Group has filed for protection from its creditors under the Companies’ Creditors Arrangement Act (CCAA) in Quebec.The Federal Trade Commission (FTC) signed off on that deal last week.riverwind casino from my locationBut he sees plenty of tailwinds coming from the operator’s takeover of rival Caesars Entertainment (NASDAQ:CZR).”Shows Play Critical RoleLas Vegas casinos rely heavily on marquee entertainment to attract guests to their properties.The new projection implies an upside of more than 50 percent from where the name trades at this writing.how much does hard rock casino make a day

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seneca niagara casino logo“You know, the ones who made Cirque the entertainment juggernaut it had become.Our long-term bullish thesis around the ERI story has not changed at all,” said the analyst.Financial DemiseCirque du Soleil is a Montreal-based private company that traces its origins back to 1984 when street performers Guy Laliberte and Gilles Ste-Croix formed a troupe of some 20 performers.Then the coronavirus pandemic struck, sending gaming equities tumbling.“ERI remains our top idea across our entire coverage universe, and we still believe this will be a triple-digit stock at some point in the not-too-distant future.“While there might not be a linear path to triple-digit land, given there could be some rocky trading patterns in the near-term until the COVID-19 noise/overhang dissipates, we have even free online poker learningmore conviction in management’s CZR synergy opportunity, as well as the free cash flow (FCF) potential of the combined entity,” said the analyst.casino buffet