2024.07.12
hollywood casino perryvilleLas Vegas Sands (NYSE:LVS) and Melco Resorts & Entertainment (NASDAQ:MLCO) are among the companies that most frequently mentioned the novel coronavirus on recent earnings conference calls, a sentiment that isn’t confined to the gaming industry. Details on what that entails were not given, but the operator said it will pay employees their standard rate of pay if they contract the coronavirus or are quarantined as a result of the outbreak.On Capitol Hill Tuesday, President Trump pushed Republican senators to consider a payroll tax holiday through the November election, and stimulus aimed at the travel and leisure industry remains a possibility. Several others, including Norwegian Cruise Lines and InterContinental Hotels, had more references to the ilfree cashman slotslness on recent earnings calls.Among other gaming companies, Melco had 19 virus mentions on its recent analyst call, according to Amenity Analytics data. gta v casino heist payoutThat was in Las Vegas, and was followed by a confirmed instance in Washoe County in the northern part of the state. But the former is an important revenue diversifier and viewed as a must-have amenity when it comes to attracting and retaining guests and gamblers.Data indicates MGM’s buffet closure could result in a short-term revenue pinch. MGM Resorts International (NYSE:MGM), the operator of two Macau venues, experienced seven coronavirus references on its Feb. hollywood casino new york youtube cashman slotsscarlet pearl casino biloxi phone numberDetails on what that entails were not given, but the operator said it will pay employees their standard rate of pay if they contract the coronavirus or are quarantined as a result of the outbreak.On Capitol Hill Tuesday, President Trump pushed Republican senators to consider a payroll tax holiday through the November election, and stimulus aimed at the travel and leisure industry remains a possibility. That was in Las Vegas, and was followed by a confirmed instance in Washoe County in the northern part of the state. 12 earnings update.That company did withdraw its 2020 financial guidance due to “uncertainty” stemming from the coronavirus.Underscoring speculation that virus references could increase in the coming months, grossmgm casino springfieldlocal health officials on protocol and procedures during this time,” said MGM in a statement provided to KLAS, the Las Vegas CBS Affiliate.MGM, the largest operator on the Strip, said it plans to evaluate the status of the buffets on a weekly basis, but did not give a hard date for when the service will resume.Last week, the first coronavirus case emerged in Nevada. 12 earnings update.That company did withdraw its 2020 financial guidance due to “uncertainty” stemming from the coronavirus.Underscoring speculation that virus references could increase in the coming months, grossOn Monday, a second case was discovered in the Sin City area, pushing the Silver State’s total to four.Buffets Are Revenue GeneratorsFood and beverage doesn’t generate profits on par with gaming and hotel operators for integrated resort companies. twin river casino mobile app mohegan sun casino sports booklittle river casino gift cards12 earnings update.That company did withdraw its 2020 financial guidance due to “uncertainty” stemming from the coronavirus.Underscoring speculation that virus references could increase in the coming months, grossSeveral others, including Norwegian Cruise Lines and InterContinental Hotels, had more references to the ilfree cashman slotslness on recent earnings calls.Among other gaming companies, Melco had 19 virus mentions on its recent analyst call, according to Amenity Analytics data. 29 with Chairman and CEO Sheldon Adelson calling the COVID-19 situation “unique and serious.” There were 28 mentions of the virus on that conference call, the most among gaming companies, according to Amenity data.The first case of the coronavirus emerged in China in mid-January, with the first instance being identified in Macau – the world’s largest gaming center – several days later. For example, the breakfast buffet at the ARIA runs .99 to .99, while the dinner equivalent costs .99 to .99, according to Vegas Food & Fun.The dinner buffet at Bellagio can cost up to .99 per person, not including alcohol and gratuity, while the similar service at MGM Grand costs .99.The priciest dinner buffet on the Strip is Bacchanal at Caesars Palace, which costs .99 per diner.In bygone Las Vegas eras, the city had limited dining options beyond cheap spots and all-you-can fare. On Monday, a second case was discovered in the Sin City area, pushing the Silver State’s total to four.Buffets Are Revenue GeneratorsFood and beverage doesn’t generate profits on par with gaming and hotel operators for integrated resort companies. Several others, including Norwegian Cruise Lines and InterContinental Hotels, had more references to the ilfree cashman slotslness on recent earnings calls.Among other gaming companies, Melco had 19 virus mentions on its recent analyst call, according to Amenity Analytics data. ruby slots casino clearwater casino transportation |