hard rock casino ilHe took with him his Borgata company cell phone and “all of the trade secrets stored therein.”Lawyers for MGM say Callahan and his counsel have refused to return the phone. (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. Injunctive relief is necessary because all informal efforts to resolve the dispute and protect Borgata’s business from irreparable harm have failed,” the lawsuit contends.Borgata has long dominated the Atlantic City gaming industry. when will valley forge casino open back upInjunctive relief is necessary because all informal efforts to resolve the dispute and protect Borgata’s business from irreparable harm have failed,” the lawsuit contends.Borgata has long dominated the Atlantic City gaming industry. (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. He took with him his Borgata company cell phone and “all of the trade secrets stored therein.”Lawyers for MGM say Callahan and his counsel have refused to return the phone. red stag casino no deposit code

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four winds casino illinoisHe took with him his Borgata company cell phone and “all of the trade secrets stored therein.”Lawyers for MGM say Callahan and his counsel have refused to return the phone. Wall Street analysts believe it will be 2022 at the earliest before domestic carriers see capacity levels on par with pre-crisis norms. 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. caesar casino online gamingRelevant 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.Hard Rock was a distant second at 4 million.Of the nine casinos, Ocean ranked No. 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’ recenmohegan sun casino videot moves to slash routes to conserve cash. boulder station hotel and casino las vegas nevada

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borgata casino update“Any vaccine that comes out in the next 6 to 12 months, I think you could see a rebound, and that’s the next wave, or the rally.”Kiesel said the bond house is overweight travel and leisure debt in a “prudent way.”Back from the BrinkAs stocks tumbled and as US casinos were shuttered in March, concerns ramped-up about gaming companies’ ability to survive the pandemic.Several months later, some casino giants are as well-capitalized as they’ve ever been.For example, Las Vegas Sands (NYSE:LVS). 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. In July, the consumer price index (CPI), the primary gauge of inflation in the US, rose 0.60 percent month-over-month. 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.6 at 5.7 million.People PoacherMGM’s lawsuit primarily focuses on two of its former marketing executives: Kelly Ashman Burke, who was Borgata’s executive director of marketing, and William Callahan, who was the resort’s vice president of relationship marketing.MGM alleges that, following the termination of Burke’s employment agreement, Ocean quickly offered her a job. 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. cache creek casino games