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casino roulette table limitsMGM Resorts International’s (NYSE:MGM) first-quarter earnings drastically slid, as temporary closures and travel controls forced by the coronavirus stoked a 29.2 percent year-over-year decline in revenue. (Image: Pinterest)For the first three months of 2020, MGM notched a loss of 45 cents per share, compared with a gain of 14 cents a year earlier. Macau closed integrated resorts for 15 days in February and visits have yet to come close to approaching 2019 levels. pechanga casino net worthRevenue dipped 29 percent to .3 billion, which the company mainly attributed to a 63 percent drop in its MGM China unit. Macau closed integrated resorts for 15 days in February and visits have yet to come close to approaching 2019 levels. Domestic gaming property shutdowns didn’t commence until about two weeks left in the first quarter.On a conference call with analysts, interim CEO Bill Hornbuckle said that when Nevada gives the go-ahead to operators to reopen gaming properties, MGM will start with the Bellagio and New York-New York.As for its portfolio of regional assets, which includes venues in Massachusetts, Mississippi, New Jersey and New York, among other locations, MGM is waiting on various governors to release reopening plans and is beholden to those time lines.Cash ConsiderationsFor much of this year, the story with MGM and other operators is how much cash they have on hand and how long they can survive, assuming the current climate of essentially no revenue in the US persists. morongo casino games

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