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river spirit casino landsharkIn terms of brick-and-mortar gambling, slot machines and table games, the Marina District casino held a 26.4 percent market share in 2019. In terms of brick-and-mortar gambling, slot machines and table games, the Marina District casino held a 26.4 percent market share in 2019. They add that both Burke amohegan sun casino videond Callahan are in violation of their non-competes.“In a transparent ruse to circumvent his non-competition obligations, Ocean gave the career casino marketing executive the title of ‘SVP of Hotel Operations’ despite the fact that during his 18 years of work at Borgata, he had never overseen hotel operations, never overseen housekeeping, never overseen front desk, bell desk, or janitorial serves (all of which are core hotel functions),” the lawsuit challenges.Three Others, TooBorgata belcasinos nycInjunctive relief is necessary because all informal efforts to resolve the dispute and protect Borgata’s business from irreparable harm have failed,” the lawsuit contends.Borgata has long dominated the Atlantic City gaming industry. In July, the consumer price index (CPI), the primary gauge of inflation in the US, rose 0.60 percent month-over-month. Relevant to gaming companies, airfares increased 5.4 percent, rental car prices jumped four percent, and hotel rates rose 1.2 percent, according to PIMCO research.“Taking a step back, US prices in travel and leisure services, in general, have been much more flexible during the COVID-19 crisis versus what we’ve seen in past crises,” notes the asset manager.seneca niagara casino irving ny luckyland slots maintenanceisland view casino players clubHowever, these slots with a view seemingly market themselves. Borgata has brought a lawsuit against Atlantic City competitor Ocean Casino on allegations that the boardwalk resort has poached its marketing executives and stolen its trade secrets. Injunctive relief is necessary because all informal efforts to resolve the dispute and protect Borgata’s business from irreparable harm have failed,” the lawsuit contends.Borgata has long dominated the Atlantic City gaming industry. miami club casino 15 no depositHe took with him his Borgata company cell phone and “all of the trade secrets stored therein.”Lawyers for MGM say Callahan and his counsel have refused to return the phone. However, these slots with a view seemingly market themselves. She brought to Ocean “her unique access and intimate knowledge of Borgata’s marketing strategies and customer loyalty databases.”MGM claims Callahan was wooed away from Borgata by Ocean in the midst of his ongoing employment contract. black lotus casino no bonus codes mountaineer casino addreb west virginiamgm grand casino detroit spaRelevant to gaming companies, airfares increased 5.4 percent, rental car prices jumped four percent, and hotel rates rose 1.2 percent, according to PIMCO research.“Taking a step back, US prices in travel and leisure services, in general, have been much more flexible during the COVID-19 crisis versus what we’ve seen in past crises,” notes the asset manager.anies’ ability to survive in a zero-revenue climate.Even if you look at the deeply-affected COVID-hit sectors, these companies have 20 to 36 months of liquidity,” said Mark Kiesel, co-manager of the PIMCO Total Return Fund in an interview with Bloomberg. “Any vaccine that comes out in the next 6 to 12 months, I think you could see a rebound, and that’s the next wave, or the rally.”Kiesel said the bond house is overweight travel and leisure debt in a “prudent way.”Back from the BrinkAs stocks tumbled and as US casinos were shuttered in March, concerns ramped-up about gaming companies’ ability to survive the pandemic.Several months later, some casino giants are as well-capitalized as they’ve ever been.For example, Las Vegas Sands (NYSE:LVS). They add that both Burke amohegan sun casino videond Callahan are in violation of their non-competes.“In a transparent ruse to circumvent his non-competition obligations, Ocean gave the career casino marketing executive the title of ‘SVP of Hotel Operations’ despite the fact that during his 18 years of work at Borgata, he had never overseen hotel operations, never overseen housekeeping, never overseen front desk, bell desk, or janitorial serves (all of which are core hotel functions),” the lawsuit challenges.Three Others, TooBorgata bel6 at 5.7 million.People PoacherMGM’s lawsuit primarily focuses on two of its former marketing executives: Kelly Ashman Burke, who was Borgata’s executive director of marketing, and William Callahan, who was the resort’s vice president of relationship marketing.MGM alleges that, following the termination of Burke’s employment agreement, Ocean quickly offered her a job. Ocean Casino Resort has brought several former Borgata marketing leaders to its Boardwalk property, and that has MGM Resorts in an uproar. live casino and hotel admiral casino head office |