free slots cashmanBut news of the stimulus package’s passage comes as several operators announced various cost-cutting initiatives.MGM Steady For NowEarlier Friday, MGM said it’s incurring “substantial operating losses in March,” adding that it has no visibility on when its gaming venues will reopen.“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. In Congress’ .2 trillion relief package, the federal government is adding 0 per week onto regular state jobless payments.“Team members furloughed and applying for unemployment will be able to take advantage of the new stimulus package until our property reopens,” Hard Rock Atlantic City President Joe Lupo told the Press of Atlantic City. The virus has resulted in 81 deaths.Atlantic City Mayor Marty Small Jr. bellagio casino movieA week earlier, less than 9,500 Garden State residents filed.According to the New Jersey Division of Gaming Enforcement (DGE), the gaming industry in Atlantic City employed 26,450 workers as of March 1, the majority being full-time positions (19,652).Coronavirus Hits TownIn a three-state joint announcement with New York and Connecticut, New Jersey Gov. Phil Murphy (D) ordered the closures of all casinos on March 16. MGM Resorts International’s (NYSE:MGM) stock more than doubled off the recently notched 52-week low. online gambling sites real money

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