hard rock casino lake tahoe foodfor a break on rent for the Harrah’s Hotel & Casino there. Sola cited the financial strain caused by the coronavirus pandemic.We were closed for 75 days. Yet we still had a signmohegan sun casino diningificant amount of expense.”The financial break the gaming company seeks is related to a land lease. raging bull casino withdrawal timeAs a result, Harrah’s North Kansas City notched revenue of just million, down from million a year earlier, according to the Star. But many of these venues are operating at limited capacity and traffic levels remain below pre-coronavirus levels.In North Kansas City, the city council appears to be in a bind, because it needs the 0,000 owed by Harrah’s, prompting several members to float the idea of extending rent payments rather than erasing the obligation outright.Domestic casinos shut down in mid-March. The land on which Harrah’s North Kansas City operates is owned by gaming real estate investment trust (REIT) VICI Properties, but the municipality owns the building on which the hotel/casino resides.By market share, the casino is the second-largest in the Show-Me State.Vicious CircleThe debate between Caesars and the North Kansas City city council underscores a scenario gaming companies and the areas in which they operate became all too familiar with during the COVID-19 pandemic.Casinos need to be open to make money, and municipalities need the gaming venues to be conducting business to generate much-needed tax revenue. places to eat near wild horse pab casino

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seneca niagara casino new yorkHe added that if the council obliges the gaming operator’s request for rent forgiveness, it would be difficult to explain such a move to other business owners.Data confirms COVID-19 is weighing on Show-Me State gaming properties. And clearly that was very, very hard for us,” she said before the council, reports The Kansas City Star. During this time due to closure, we did not have any revenues. intertops casino clabic mobile login(Image: KTNV.com)The three publicly traded casino landlords are Gaming & Leisure Proprties (NASDAQ:GLPI), MGM Growth Properties (NYSE:MGP), and VICI Properties (NYSE:VICI). And clearly that was very, very hard for us,” she said before the council, reports The Kansas City Star. (Image: Kansas City Star)Julie Sola, general manager of the gaming venue, approached the city council last week, seeking up to 0,000 in rent abatement. firekeepers casino no deposit bonus

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boomtown casino food menuBut local lawmakers aren’t keen on the idea. During this time due to closure, we did not have any revenues. Yet we still had a signmohegan sun casino diningificant amount of expense.”The financial break the gaming company seeks is related to a land lease. Like rival properties throughout the country, it generatmohegan sun casino dininged no revenue in April and May. He added that if the council obliges the gaming operator’s request for rent forgiveness, it would be difficult to explain such a move to other business owners.Data confirms COVID-19 is weighing on Show-Me State gaming properties. And clearly that was very, very hard for us,” she said before the council, reports The Kansas City Star. online casino real money withdrawal