2024.07.17
intertops casino clabicLas 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. That’s relevant because companies have yet to report results for the first three months of 2020, the period in which the epidemic wracked the global travel and leisure industry.Some analysts have said first- and second-quarter reports for Macau operators will be rendered moot because there will be essentially no earnings to speak of. (Image: Reuters)Amenity Analytics, a provider of natural language processing (NLP) software, recentlfree cashman slotsy analyzed nearly 1,800 conference calls from the recently completed fourth-quarter earnings season, turning up 11,341 mentions of the coronavirus. when is black hawk casinos going to openOn 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. That’s relevant because companies have yet to report results for the first three months of 2020, the period in which the epidemic wracked the global travel and leisure industry.Some analysts have said first- and second-quarter reports for Macau operators will be rendered moot because there will be essentially no earnings to speak of. Gaming companies experienced frequent coronavirus mentions on earnings conference calls. mohegan sun casino gym zynga poker free texas holdem online card gamespoker cash game kings casinolocal 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. That’s relevant because companies have yet to report results for the first three months of 2020, the period in which the epidemic wracked the global travel and leisure industry.Some analysts have said first- and second-quarter reports for Macau operators will be rendered moot because there will be essentially no earnings to speak of. MGM Resorts International (NYSE:MGM), the operator of two Macau venues, experienced seven coronavirus references on its Feb. bc slots brian christopher29 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. 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. 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, grossmohegan sun casino online ct valley forge casino hotel check in timealiante casino parkingLas 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. Meanwhile, Democrats are angling for increased sick leave pay and extension of unemployment benefits for workers displaced by the COVID-19 epidemic.That’s relevant because companies have yet to report results for the first three months of 2020, the period in which the epidemic wracked the global travel and leisure industry.Some analysts have said first- and second-quarter reports for Macau operators will be rendered moot because there will be essentially no earnings to speak of. 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. That figure includes mentions of the respiratory illness by analysts and management on the calls.LVS, the operator of five Macau integrated resorts, reported fourth-quarter results on Jan. 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. online casino real money no deposit bonus codes 2021 borgata casino new jersey |