Wynn Calls for Reopening of Nevada, Followed by Las Vegas Strip

[blackbart]

great plan
not going to happen any time soon as far as casino openings.
testing everyone , not possible even for critical businesses or health care.
and that is only step one.

[johnnyvegas13]

How is NBA gonna play now

I thought that was the point to play in an empty cityy

[jjgold]

great plan
not going to happen any time soon as far as casino openings.
testing everyone , not possible even for critical businesses or health care.
and that is only step one.

Vegas finished, I have been saying it for a while now

[manny24]

I’m gonna try to stop Vegas from opening

[jjgold]

Wynn stock destroyed

They are going broke

They have no choice or close forever

[lonegambler23]

at least brocker will be there

[JIBBBY]

I’m gonna try to stop Vegas from opening

Careful JJ with your posts, don't wanna see you get wacked, no one speaks to Mo Green that way!!!

[Brock Landers]

Careful JJ with your posts, don't wanna see you get wacked, no one speaks to Mo Green that way!!!

LOL!
Excellent

[jjgold]

Thanks Jibby

[stevenash]

MGM RESORTS LOSING $14.4 MILLION PER DAY DURING CORONAVIRUS SHUTDOWN


In the eyes of gamblers, casinos are generallylooked at as a very profitable business that rakes in the cash. In the wake ofCOVID-19 and the spread of coronavirus throughout the world, American casinosare hemorrhaging it instead of raking it in. According to a recent report fromMacquarie Research, some casino giants only have five months before they loseit all. Las Vegas-based MGM Resorts is losing $14.4 million daily while its 18casinos are temporarily shut down. At the current rate, MGM would be out ofcash in nine months. Penn National Gaming, which operates the M Resort inHenderson and Tropicana on the Las Vegas Strip, as well as several othercasinos nationwide, only has 5.2 months before it goes belly up while it loses$6.4 million for each day the doors are closed. Golden Entertainment and RedRock Resorts are companies that are in the best position to survive theshutdown. ‑e study projects them to have 10.4 months and 13.8 months of runway,respectively before the bank accounts are at zero. All commercial and tribalcasinos in America are closed.

In Nevada, casinosstatewide will be closed until at least the end of the Gov. Steve Sisolak’s30-day shutdown, which was announced on March 18. Jefferies gaming analystDavid Katz told the Las Vegas Review-Journal that although these numbers lookbleak, the banks will be willing to work with them during the downturn. “Gamingis a little bit different than a lot of other businesses,” said Katz. “It’sharder for a bank… to take over the building, take over the operations (if theyrun out of cash).” Before beginning to even work with the banks, many lobbyistsfor the industry already began asking Congress for a federal bailout.

[jjgold]

Nashy good numbers

It’s bad