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las atlantis casino no deposit bonus codes september 2021But 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. VICI-owned Harrah’s Las Vegas. But adjusted gross table revenue is lower by eight percent, according to MGC data.island resort and casino covid restrictionsRegional properties, including those operated by Caesars, are performing better than those in destination markets such as Las Vegas and New Orleans following nationwide openings. Moody’s says gaming REITs look sturdy. (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. seneca niagara casino app

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hard rock casino south lake tahoe caDori Koren said, according to KSNV-TV. As a result, Harrah’s North Kansas City notched revenue of just million, down from million a year earlier, according to the Star. for a break on rent for the Harrah’s Hotel & Casino there. blackjack online shirtsSola cited the financial strain caused by the coronavirus pandemic.We were closed for 75 days. 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. 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. kansas star casino entertainment

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play n go casino no deposit bonusYet we still had a signthe palace station casinoificant amount of expense.”The financial break the gaming company seeks is related to a land lease. And clearly that was very, very hard for us,” she said before the council, reports The Kansas City Star. (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). Moody’s says gaming REITs look sturdy. for a break on rent for the Harrah’s Hotel & Casino there. And clearly that was very, very hard for us,” she said before the council, reports The Kansas City Star. peppermill lounge casino movie

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