hollywood casino chicagoBut 2020 is anything but normal, and with a COVID-19 vaccine still months away, the gaming company remains vulnerable to sluggish business traffic and tourists’ reluctance to fly to destination markets.That’s something MGM is executing in significant fashion, with executives saying the operator found 0 million in reductions, which it expects will remain permanent even as business gradually returns to normal.Additionally, the pandemic forced gaming companies to reach for cost savings.twin river casino minimum age“With no signs that the group/convention business will be recovering anytime soon, we would prefer to stay on the sidelines,” said Stifel analyst Steven Wieczynski in a note out late Thursday.Penn National Gaming (NASDAQTropicana Las Vegas, seen here.harrah s casino california

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coushatta casino in kinderThe Strip, where it’s the largest operator, accounts for approximately half of MGM’s EBITDA.But there will be other opportunities that the market presents to us that we’ll have to take a sincere look at.Heather Murren, the wife of ex-MGM Resorts CEO Jim Murren, is additionally on the Fidelity board.chumba casino how to cash outMGM Resorts International (NYSE:MGM) reported third-quarter results Thursday that missed Wall Street estimates, confirming recovery on the Las Vegas Strip is a slow-moving process.Adjusted property earnings before interest, taxes, depreciation and amortization (EBITDA) of -.“We think we own enough of Las Vegas to be open about it.peppermill casino scene

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