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mohegan sun casino slotsHe also holds a 50 percent stake in Trump International Hotel Las Vegas, a non-gaming residential and hotel complex.Ruffin’s latest investment, however, isn’t currently paying off. Billionaire Phil Ruffin plans to reopen his Las Vegas casinos, Treasure Island and Circus Circus, on May 15. So, I can’t give you a day,” Sisolak told the Las Vegas Review-Journal this week.But I can tell you for certain some of the directives will have to be extended. After becoming a multimillionaire in Wichita, Kansas, with a chain of convenience stores that pioneered the concept of self-serve gasoline, Ruffin decided to invest in the gaming industry.In 1998, Rufblack hawk casino oklahoma age limitfin acquired the New Frontier Hotel & Casino for 5 million. But the odds seem long that gaming will be permitted to resume operations on that date. “Earnings will decline due to the disruption in casino visitation resulting from efforts to contain the spread of the coronavirus, including recommendations from federal, state, and local governments to avoid gatherings and avoid non-essential travel.”Headwinds AboundMGM, which is one of the most volatile gaming names this year, is expected to report glum first-quarter results when it steps into the earnings confessional on April 30, with the company forecasting a 29 percent drop in revenue and 61 percent plunge in earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR).That’s just one example of the adverse impact of COVID-19 on the gaming industry,“The gaming sector has been one of the sectors most significantly affected by the shock, given its sensitivity to consumer demand and sentiment,” said Moody’s. mohegan sun casino las vegas reviews