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thunder valley casino covid 19Now, it’s clear the request for proposal (RFP) process could extend into the middle of 2021, and it could be 2026 or later before a casino there opens its doors.“The environment there just wasn’t suitable to make the kind of investment that this company demands in terms of returns,” said LVS President Rob Goldstein on a recent conference call. Its 30-year monopoly extension on land-based commercial gambling in New Orleans comes at a steep price — 5 million in property upgrades, and high taxes.The city is to receive .5 million from the casino by 2022, Harrah’s must pay the state .4 million annually for the license, and the casino guaranhorse slot machine casinotees million a year in gaming tax revenue.Now, Caesars could be on the hook for another million- million in back hotel taxes.Harrah’s New Orleans is once again on the losing end of a court decision regarding its horse slot machine casinoclaims that it doesn’t need to pay taxes on comped or discounted hotel rooms. the hard rock casino biloxiCaesars has set aside that amount of money in the event of a losing legal battle. Neither has recently given an indication about possibly scrapping Japan plans.Last week, executives from MGM Resorts International (NYSE:MGM) reiterated commitment to Osaka, where the company is the lone bidder, expressing no dismay that the RFP process there is likely to be delayed because of COVID-19.“We couldn’t make it work. palace station casino reservations

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