2025.12.16
hard rock casino 18 years old(Image: Yahoo News)MGM, the largest operator on the Las Vegas Strip, is implementing what acting CEO Bill Hornbuckle calls “aggressive cost savings initiatives,” including a hiring suspension, layoffs, and substantial reductions in capital spending.“The Company believes its strong liquidity position, valuable unencumbered assets and aggressive cost reduction initiatives will enable it to fund its current obligations for the foreseeable future,” said the operator.Las Vegas Sands (NYSE:LVS) Chairman and CEO Sheldon Adelson used his political cache to lobby on behalf of the industry, too.blackjack casino table games“The Company believes its strong liquidity position, valuable unencumbered assets and aggressive cost reduction initiatives will enable it to fund its current obligations for the foreseeable future,” said the operator.Bellagio operator MGM doesn’t plan to participate in the 4 billion CARES Act loan program.”The Mandalay Bay operator sailake tahoe casinos evacuation clearwater casino winnersraging bull casino bonus no depositOn Friday, reports surfaced that it’s not immediately clear when the Indiana Horse Racing Commission (IHRC) will next get together to consider the transaction, because a March 19 meeting was postponed by the coronavirus.Now, consensus appears to be that Eldorado won’t shutter or sell a Garden State property for at least two reasons.ERI does have experience with racinos, having previously owned Presque Isle Downs & Casino in Pennsylvania and the Mountaineer Casino, Racetrack & Resort in Pennsylvania.club player casino no deposit bonus codes 2021ERI likely can’t afford to have the deal scrapped due to regulatory issues.As of Friday evening, it wasn’t clear which gaming companies would be participating in the 4 billion loan program.What’s AvailableEarlier this month, Jim Murren, who recently left the top spot at MGM, met with President Trump to discuss assistance for the industry rocked by the coronavirus.liberty slots tournaments captain jack casino no deposit free spinswinstar world casino slot machinesPreviously, rumors circulated about the fate of Caesars’ under-performing Bally’s on the Boardwalk.Indiana, TooThe investment community will likely focus on when Nevada and New Jersey will get around to determining the fate of the ERI/Caesars marriage.On Friday, reports surfaced that it’s not immediately clear when the Indiana Horse Racing Commission (IHRC) will next get together to consider the transaction, because a March 19 meeting was postponed by the coronavirus.On Friday, reports surfaced that it’s not immediately clear when the Indiana Horse Racing Commission (IHRC) will next get together to consider the transaction, because a March 19 meeting was postponed by the coronavirus.The IHRC also reportedchinook winds casino covid outbreakly voiced concerns that ERI lacks substantial experience in operating racinos – combined casinos and racetracks – of which it would acquire two in purchasing Caesars.If that happens, the company would owe Caesars a breakup fee of almost 7 million, or more than 80 percent of its current market capitalization.draftkings at the casino queen harrah s casino careers |