bicycle casino finedWolfe Research analyst Jared Shojaian recently boosted his price forecast on the soon-to-be casino behemoth. (Image: Treasure Island)Treasure Island and Circus Circus, both owned by the real estate tycoon, have each filed claims with their respective insurance providers for financial damages related to the COVID-19 pandemic. The 85-year-old acquired Circus Circus last year from MGM Resorts for 5 million.The timing on the Circus Circus purchase was poor, though the pandemic was entirely unforeseeable. resorts world casino vaccine scheduleThey were allowed to reopen in reduced capacities and numerous health safety measures in place beginning June 4.Land-based gross gaming revenue (GGR) totaled $content$ in both April and May. The casino claims were denied, prompting Ruffin to take the companies to court.The casinos are thought to be the first gaming properties to sue their insurance companies in the wake of the coronavirus crisis.Nevada Governor Steve Sisolak (D) ordered all casinos in the state to suspend operations in mid-March. As it closes in on completing the Caesars purchase, Eldorado lands more bullish commentary from a Wall Street analyst. morongo casino restaurants

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free casino slots machine onlineAs it nears completion of its acquisition of Caesars Entertainment (NASDAQ:CZR), Eldorado Resorts (NASDAQ:ERI) remains one of the preferred gaming equities among sell-side analysts. Ruffin believes his insurance policies warrant some sort of coverage in relation to the coronavirus emergency.Bloomberg Law reports that insurance carriers have “broad4 card poker online casinoly denied” claims for business losses during the pandemic. Phil Ruffin — seen here seated on the left next to former MGM Resorts CEO Jim Murren signing the purchase contract for Circus Circus — is suing two insurance companies. blackjack casino montanaAs it closes in on completing the Caesars purchase, Eldorado lands more bullish commentary from a Wall Street analyst. his Las Vegas Strip casino resorts. In fact, during the period January 1, 2020, to March 18, 2020, Circus Circus employees recorded more than 1,600 sick days,” the complaint adds. casino slot chairs for sale

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murka free slot machinesThat offset some of the weakness in the destination markets of Las Vegas and New Orleans.Sizing Up SustainabilityThe critical question for regional operators, 4 card poker online casinoparticularly the combined ERI/Caesars, which will control 52 gaming venues in 16 states, is how sustainable the strength is in these markets.Shojaian notes regional casinos are being propped up by operators’ ability to increase margins and factors things gaming companies can’t control, including government stimulus checks and a dearth of local entertainment options in the wake of COVID-19.“Consumers have received temporary stimulus relief and supplemental unemployment insurance, and many uhis Las Vegas Strip casino resorts. “4 card poker online casinoDuring that same period, Circus Circus had more than 337,000 registered guests from all over the world.” Circus Circus is seeking coverage for “the losses it has sustained because of physical loss,” and for “the loss of income and extra expenses sustained.” The casino is additionally seeking ,000 from AIG in legal expenses.Wolfe Research analyst Jared Shojaian recently boosted his price forecast on the soon-to-be casino behemoth. Wolfe Research analyst Jared Shojaian recently boosted his price forecast on the soon-to-be casino behemoth. That offset some of the weakness in the destination markets of Las Vegas and New Orleans.Sizing Up SustainabilityThe critical question for regional operators, 4 card poker online casinoparticularly the combined ERI/Caesars, which will control 52 gaming venues in 16 states, is how sustainable the strength is in these markets.Shojaian notes regional casinos are being propped up by operators’ ability to increase margins and factors things gaming companies can’t control, including government stimulus checks and a dearth of local entertainment options in the wake of COVID-19.“Consumers have received temporary stimulus relief and supplemental unemployment insurance, and many umgm casino dreb code