soaring eagle casino resort mt pleasant mi 48858Steve Sisolak (D) has ordered a “Statewide Pause,” as new coronavirus cases continue to climb. (Image: The Sun)Wilfred Wong, president of Sands China, commented to local media earlier this week that the billion refresh of Sands Cotai Central is nearly ready to go. Journal)Due to reduced tax revenue from hotel stays amid the COVID-19 pandemic, Clark County officials say they’re short on cash for its .06 million bond payment scheduled for December 1. free casino slots games with bonus roundsFortunately, the financing for the Stadium Authority bonds included the funding of a debt service reserve fund to weather economic declines like the one Las Vegas is currently experiencing due to the pandemic,” Pappa explained.The .9 billion Allegiant Stadium was partially funded with 0 million generated by a 0.88 percent hotel occupancy room tax increase on stays within Clark County. The 0 million investment seemed like a no-brainer at the time. The stadium was forecast to generate .5 million in new local tax dollars for Clark County.Casinos would benefit from increased guests, who would be expected to gamble, eat and drink, shop, and attend shows. aliante casino farm restaurant

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live casino hotel washington dcThat’s while positipechanga casino barsoning it to forge ahead with expansion projects in Macau and Singapore, its two most vital markets.Could Be Good TimingNews that Londoner will be open to the public in February could amount to good timing for the operator and the Cotai Strip in general.After months of sagging gross gaming revenue (GGR) and visitation numbers caused by the coronavirus pandemic, Macau is finally showing some signs of life late in 2020. As a result, the county is drawing from its reserves to make good on the payment.Clark County Public Communications Director Erik Pappa revealed that .55 million has been withdrawn from the “Reserve 2018A Bond Proceeds Subaccount of the Reserve Account” to cover the shortfall. Sands China’s Londoner Macau is nearing copechanga casino barsmpletion and is on pace to open in February, potentially positioning the venue to capitalize on rebounding traffic next year in the world’s largest casino center. Most of the major construction is complete and just some minor external projects are to be finalized.Prior to the coronavirus pandemic, Londoner was scheduled to come online this year and into 2021. During the pause, casinos are limited to 25 percent capacity on their gaming floors.A rendering of Londoner Macau. island resort and casino mabage