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pictures of twin river casinoLas Vegas Sands (NYSE:LVS) and Melco Resorts & Entertainment (NASDAQ:MLCO) are among the companies that most frequently mentioned the novel coronavirus on recent earnings conference calls, a sentiment that isn’t confined to the gaming industry. But the former is an important revenue diversifier and viewed as a must-have amenity when it comes to attracting and retaining guests and gamblers.Data indicates MGM’s buffet closure could result in a short-term revenue pinch. On Monday, a second case was discovered in the Sin City area, pushing the Silver State’s total to four.Buffets Are Revenue GeneratorsFood and beverage doesn’t generate profits on par with gaming and hotel operators for integrated resort companies. admiral casino readingMore broadly, Credit Suisse says the biggest brunt of the outbreak will be felt economically and on profit updates in the April through June period.LVS Isn’t AloneIn fairness to Las Vegas Sands, the company wasn’t even the worst travel and leisure offender regarding coronavirus conference call mentions. On Monday, a second case was discovered in the Sin City area, pushing the Silver State’s total to four.Buffets Are Revenue GeneratorsFood and beverage doesn’t generate profits on par with gaming and hotel operators for integrated resort companies. 12 earnings update.That company did withdraw its 2020 financial guidance due to “uncertainty” stemming from the coronavirus.Underscoring speculation that virus references could increase in the coming months, grosspeppermill casino news

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valley forge.casinoSeveral others, including Norwegian Cruise Lines and InterContinental Hotels, had more references to the ilchoctaw casino idabel oklahomalness on recent earnings calls.Among other gaming companies, Melco had 19 virus mentions on its recent analyst call, according to Amenity Analytics data. Details on what that entails were not given, but the operator said it will pay employees their standard rate of pay if they contract the coronavirus or are quarantined as a result of the outbreak.On Capitol Hill Tuesday, President Trump pushed Republican senators to consider a payroll tax holiday through the November election, and stimulus aimed at the travel and leisure industry remains a possibility. That’s relevant because companies have yet to report results for the first three months of 2020, the period in which the epidemic wracked the global travel and leisure industry.Some analysts have said first- and second-quarter reports for Macau operators will be rendered moot because there will be essentially no earnings to speak of. Las Vegas Sands (NYSE:LVS) and Melco Resorts & Entertainment (NASDAQ:MLCO) are among the companies that most frequently mentioned the novel coronavirus on recent earnings conference calls, a sentiment that isn’t confined to the gaming industry. Several others, including Norwegian Cruise Lines and InterContinental Hotels, had more references to the ilchoctaw casino idabel oklahomalness on recent earnings calls.Among other gaming companies, Melco had 19 virus mentions on its recent analyst call, according to Amenity Analytics data. More broadly, Credit Suisse says the biggest brunt of the outbreak will be felt economically and on profit updates in the April through June period.LVS Isn’t AloneIn fairness to Las Vegas Sands, the company wasn’t even the worst travel and leisure offender regarding coronavirus conference call mentions. pokerstars casino games

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