2025.09.14
borgata casino newsThat could be an ambitious goal considering that February and March gross gaming revenue (GGR) there slumped nearly 88 percent and almost 80 percent, respectively.Now, the days are numbered for the closed casino resort.(Image: Bloomberg)The bank’casino near me lexington kys research team covering Asia-Pacific gaming projects .usa online casino with no deposit bonus76 million per day in turnover to this point in the month.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.Macau’s six concessionaires can likely break even on an earnings before interest, taxes, depreciation and amortization (EBITDA) basis this year with .caesar casino tragamonedas gratis royal ace casino free chip 2021pa bet rivers casinoThat 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.5 billion in liquidity, while SJM Holdings has .resorts casino new jersey3 billion.45 million in daily turnover as the minimum needed for operators in the world’s largest casino hub to reach cash flow breakeven in 2020.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.mgm grand casino open hollywood casino online pokermohegan sun casino greece6 million] per day, and cash-flow breakeven (post interest cost and maintenance capex) at MOP400-million levels ( million),” according to JPMorgan.”Sisolak’s executive order suspended all evictions and foreclosures in the state for as long as Nevada remains in a “state of emergency.“Against their respective cash-burn, Galaxy has enough cash to survive 6+ years of no revenue (or 5 years even if it finishes Phase 3), SJM has four years (or three years even if it finishes Grand Lisboa Palace), Sands/Melco/Wynn have about two years, and MGM over a year,” notes the JPMorgan analysts.“To put it simply, investors need not worry about covenant breach for at least a year of ‘zero revenues,’” said the JPMorgan analysts.resident Donald Trump last month increases state unemployment benefits by 0 a week through July 31, 2020.“Against their respective cash-burn, Galaxy has enough cash to survive 6+ years of no revenue (or 5 years even if it finishes Phase 3), SJM has four years (or three years even if it finishes Grand Lisboa Palace), Sands/Melco/Wynn have about two years, and MGM over a year,” notes the JPMorgan analysts.mohegan sun casino discount code viejas casino phone number |