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sunset station casino creditBut getting to cash flow breakeven will be trickier, said JPMorgan analysts.On the peninsula, the cash outlook is mostly sturdy, with JPMorgan noting Galaxy Entertainment can survive six years with its .3 billion.island resort and casino drift spaOne thing is for certain, and that is the coronavirus economic impact on Nevada, a state that relies on tourism more than any other, will be felt for many months – and possibly years – to come.7 billion in cash, assuming a no-revenue setting lingers longer than expected.“To put it simply, investors need not worry about covenant breach for at least a year of ‘zero revenues,’” said the JPMorgan analysts.firekeepers casino new tower riverwind casino crab legsbicycle casino 100 millionThat could be an ambitious goal considering that February and March gross gaming revenue (GGR) there slumped nearly 88 percent and almost 80 percent, respectively.Lenders Playing BallConcessionaires in the Special Administrative Region (SAR) are finding some relief from lenders that are relaxing coverage and interest ratio provisions, which could help borrowers avert default should it take years for business to return to normal.The industry can stay EBITDA [earnings before interest, taxation, depreciation and amortisation] breakeven at the gross gaming revenue run-rate of around MOP300 million [US.free slot games for android tabletsOne thing is for certain, and that is the coronavirus economic impact on Nevada, a state that relies on tourism more than any other, will be felt for many months – and possibly years – to come.resident Donald Trump last month increases state unemployment benefits by 0 a week through July 31, 2020.3 billion.free slots zeus 1000 mountaineer casino donation requestonline blackjack casino usaSurviving Not Yet an IssueWith turnover non-existent in the US for the time being and activity slumping in Macau, analysts are evaluating the cash positions of gaming companies, assessing how long the firms can survive in a zero or near zero-revenue environments.6 million] per day, and cash-flow breakeven (post interest cost and maintenance capex) at MOP400-million levels ( million),” according to JPMorgan.On the peninsula, the cash outlook is mostly sturdy, with JPMorgan noting Galaxy Entertainment can survive six years with its .“To put it simply, investors need not worry about covenant breach for at least a year of ‘zero revenues,’” said the JPMorgan analysts.3 billion.Sands China, the Macau arm of Las Vegas Sands (NYSE:LVS) has .ruby slots vip borgata casino atlantic city restaurants |