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black bear casino 98 degreesBut because of the pandemic — which has resulted in bans on mass gatherings and suspended live entertainment — the company is now being forced into bankruptcy protection.A press release today announced the news that Cirque du Soleil Entertainment Group has filed for protection from its creditors under the Companies’ Creditors Arrangement Act (CCAA) inbrian christopher slot video Quebec.If a superior court approves of the request during a hearing tomorrow, Cirque says it will then seek Chapter 15 protection in the United States. Investopedia explains that Chapter 15, a section of the US Bankruptcy Code, is a bankruptcy filing that has mechanisms designed “to foster a cooperative environment in international insolvencies.”All 44 of Cirque’s global shows were shut down in March. And Cirque shows appeal to a wide range of visitors.In the Las Vegas Convention and Visitors Authority (LVCVA) 2019 Visitor Profile Study, nearly one in two visitors reported seeing a show during their trip.Nevada Gov. lucky tiger casino no deposit bonus codes 2021 australia(Imabrian christopher slot videoge: AP News)In a note to clients earlier today, Stifel analyst Steven Wieczynski reiterated a “buy” rating on the regional gaming company, while boosting his price forecast to from . Investopedia explains that Chapter 15, a section of the US Bankruptcy Code, is a bankruptcy filing that has mechanisms designed “to foster a cooperative environment in international insolvencies.”All 44 of Cirque’s global shows were shut down in March. However, with zero revenues since the forced closure of all of our shows due to COVID-19, management hadbrian christopher slot video to act decisively to protect the Company’s future,” said Daniel Lamarre, president and CEO of Cirque du Soleil Entertainment Group.It wasn’t all due to the coronavirus. slot planet casino 50 free spins

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four winds casino new buffalo buffetCirque du Soleil and its dozens of shows, including “Mystere” at TI, remain shuttered by the coronavirus. But because of the pandemic — which has resulted in bans on mass gatherings and suspended live entertainment — the company is now being forced into bankruptcy protection.A press release today announced the news that Cirque du Soleil Entertainment Group has filed for protection from its creditors under the Companies’ Creditors Arrangement Act (CCAA) inbrian christopher slot video Quebec.If a superior court approves of the request during a hearing tomorrow, Cirque says it will then seek Chapter 15 protection in the United States. (Image: Cirque du Soleil)Cirque du Soleil has been the go-to entertainment provider for numerous Las Vegas Strip casinos.The company has held residencies at TI, New York-New York, MGM Grand, Mirage, Luxor, and Aria. twin river casino dealsInvestopedia explains that Chapter 15, a section of the US Bankruptcy Code, is a bankruptcy filing that has mechanisms designed “to foster a cooperative environment in international insolvencies.”All 44 of Cirque’s global shows were shut down in March. “You know, the ones who made Cirque the entertainment juggernaut it had become.”Shows Play Critical RoleLas Vegas casinos rely heavily on marquee entertainment to attract guests to their properties. Cirque du Soleil and its dozens of shows, including “Mystere” at TI, remain shuttered by the coronavirus. santa ana casino room rates

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