2024.07.18
firekeepers casino donation request(Image: Kansas City Star)Julie Sola, general manager of the gaming venue, approached the city council last week, seeking up to 0,000 in rent abatement. Moody’s says gaming REITs look sturdy. Like rival properties throughout the country, it generatmgm grand casino wikied no revenue in April and May. casino blackjack for beginnersAnd clearly that was very, very hard for us,” she said before the council, reports The Kansas City Star. “We’re noticing an increase in robberies, stabbings, shootings that are happening from individuals from out of state.”As a result, Harrah’s North Kansas City notched revenue of just million, down from million a year earlier, according to the Star. harrah s casino job fair big fish casino onlineencore casino owner(Image: Kansas City Star)Julie Sola, general manager of the gaming venue, approached the city council last week, seeking up to 0,000 in rent abatement. The Missouri Gaming Commission (MGC) allowed casinos to reopen in early June.Slippery SlopeCouncilman Richard Stewart detailed the bind the city is in with the request from Harrah’s, stating that other businesses affected by the pandemic, such as restaurants, aren’t asking for tax breaks. Moody’s says gaming REITs look sturdy. jackson rancheria casino arcadefor a break on rent for the Harrah’s Hotel & Casino there. During this time due to closure, we did not have any revenues. Harrah’s Kansas City North, seen here, is seeking rent abatement. slot machine casino ohio soaring eagle casino concertsno deposit bonus casino list ukThe land on which Harrah’s North Kansas City operates is owned by gaming real estate investment trust (REIT) VICI Properties, but the municipality owns the building on which the hotel/casino resides.By market share, the casino is the second-largest in the Show-Me State.Vicious CircleThe debate between Caesars and the North Kansas City city council underscores a scenario gaming companies and the areas in which they operate became all too familiar with during the COVID-19 pandemic.Casinos need to be open to make money, and municipalities need the gaming venues to be conducting business to generate much-needed tax revenue. Yet we still had a signmgm grand casino wikiificant amount of expense.”The financial break the gaming company seeks is related to a land lease. The land on which Harrah’s North Kansas City operates is owned by gaming real estate investment trust (REIT) VICI Properties, but the municipality owns the building on which the hotel/casino resides.By market share, the casino is the second-largest in the Show-Me State.Vicious CircleThe debate between Caesars and the North Kansas City city council underscores a scenario gaming companies and the areas in which they operate became all too familiar with during the COVID-19 pandemic.Casinos need to be open to make money, and municipalities need the gaming venues to be conducting business to generate much-needed tax revenue. But local lawmakers aren’t keen on the idea. But local lawmakers aren’t keen on the idea. VICI-owned Harrah’s Las Vegas. hollywood casino tunica ms free casino games |