2024.07.19
harrah s windsor casino canadaIn July, the consumer price index (CPI), the primary gauge of inflation in the US, rose 0.60 percent month-over-month. In July, the consumer price index (CPI), the primary gauge of inflation in the US, rose 0.60 percent month-over-month. 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. casino360Ocean Casino Resort has brought several former Borgata marketing leaders to its Boardwalk property, and that has MGM Resorts in an uproar. Compounding Nevada’s woes is that drive-in traffic from neighboring Arizona and California remains slack.However, there are incremental signs of improvement. Rival MGM Resorts International (NYSE:MGM), the largest operator on the Las Vegas Strip, has .1 billion worth of liquidity as of June 30.PIMCO’s Kiesel told Bloomberg his firm has loaned money to “leaders” in the hotel and gaming industries, as well as to airlines via credits that are backed by new planes.Airlines Take OffThe airline industry rebounding is essential to Sin City’s recovery because most travelers arrive at the largest US gaming mecca via passenger jet.That makes Las Vegas vulnerable to airlines’ recenfree online slots bier haust moves to slash routes to conserve cash. soaring eagle casino packages peppermill casino mapis aliante casino a station casino(Image: Ocean Casino Resort)Filed in the US District Court of Nevada, MGM Resorts, the parent company to Borgata, argues Ocean Casino has unlawfully hired several of its former marketing executives. The MGM gaming floor won 9.5 million of the market’s .8 billion wins. 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. coushatta casino covid 19However, these slots with a view seemingly market themselves. 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. 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. turtle lake casino job openings peppermill casino wendover nvcasino 29Compounding Nevada’s woes is that drive-in traffic from neighboring Arizona and California remains slack.However, there are incremental signs of improvement. Compounding Nevada’s woes is that drive-in traffic from neighboring Arizona and California remains slack.However, there are incremental signs of improvement. 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.They add that both Burke afree online slots bier hausnd 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 belCompounding Nevada’s woes is that drive-in traffic from neighboring Arizona and California remains slack.However, there are incremental signs of improvement. The MGM gaming floor won 9.5 million of the market’s .8 billion wins. golden nugget casino lake charles harrah s casino michigan |