2024.07.17
clearwater casino lapwai idShe brought to Ocean “her unique access and intimate knowledge of Borgata’s marketing strategies and customer loyalty databases.”MGM claims Callahan was wooed away from Borgata by Ocean in the midst of his ongoing employment contract. Compounding Nevada’s woes is that drive-in traffic from neighboring Arizona and California remains slack.However, there are incremental signs of improvement. He took with him his Borgata company cell phone and “all of the trade secrets stored therein.”Lawyers for MGM say Callahan and his counsel have refused to return the phone. is riverwind casino 18 to enterBorgata has brought a lawsuit against Atlantic City competitor Ocean Casino on allegations that the boardwalk resort has poached its marketing executives and stolen its trade secrets. The MGM gaming floor won 9.5 million of the market’s .8 billion wins. Rival MGM Resorts International (NYSE:MGM), the largest operator on the Las Vegas Strip, has .1 billion worth of liquidity as of June 30.PIMCO’s Kiesel told Bloomberg his firm has loaned money to “leaders” in the hotel and gaming industries, as well as to airlines via credits that are backed by new planes.Airlines Take OffThe airline industry rebounding is essential to Sin City’s recovery because most travelers arrive at the largest US gaming mecca via passenger jet.That makes Las Vegas vulnerable to airlines’ recenis oxford casino smoke freet moves to slash routes to conserve cash. sycuan casino double down grill menu free casino slots play nowonline gambling fake moneyMGM says Ocean has hired six ex-Borgata execs, at least two of which have viois oxford casino smoke freelated their one-year non-compete agreements.Ocean is in the process of raiding Borgata’s casino marketing department. “Any vaccine that comes out in the next 6 to 12 months, I think you could see a rebound, and that’s the next wave, or the rally.”Kiesel said the bond house is overweight travel and leisure debt in a “prudent way.”Back from the BrinkAs stocks tumbled and as US casinos were shuttered in March, concerns ramped-up about gaming companies’ ability to survive the pandemic.Several months later, some casino giants are as well-capitalized as they’ve ever been.For example, Las Vegas Sands (NYSE:LVS). Injunctive relief is necessary because all informal efforts to resolve the dispute and protect Borgata’s business from irreparable harm have failed,” the lawsuit contends.Borgata has long dominated the Atlantic City gaming industry. seminole casino near meanies’ ability to survive in a zero-revenue climate.Even if you look at the deeply-affected COVID-hit sectors, these companies have 20 to 36 months of liquidity,” said Mark Kiesel, co-manager of the PIMCO Total Return Fund in an interview with Bloomberg. Hard Rock was a distant second at 4 million.Of the nine casinos, Ocean ranked No. Compounding Nevada’s woes is that drive-in traffic from neighboring Arizona and California remains slack.However, there are incremental signs of improvement. sycuan casino wedding wild casino free bonus codesturtle lake casino restaurantMGM says Ocean has hired six ex-Borgata execs, at least two of which have viois oxford casino smoke freelated their one-year non-compete agreements.Ocean is in the process of raiding Borgata’s casino marketing department. However, these slots with a view seemingly market themselves. Rival MGM Resorts International (NYSE:MGM), the largest operator on the Las Vegas Strip, has .1 billion worth of liquidity as of June 30.PIMCO’s Kiesel told Bloomberg his firm has loaned money to “leaders” in the hotel and gaming industries, as well as to airlines via credits that are backed by new planes.Airlines Take OffThe airline industry rebounding is essential to Sin City’s recovery because most travelers arrive at the largest US gaming mecca via passenger jet.That makes Las Vegas vulnerable to airlines’ recenis oxford casino smoke freet moves to slash routes to conserve cash. The MGM gaming floor won 9.5 million of the market’s .8 billion wins. Borgata has brought a lawsuit against Atlantic City competitor Ocean Casino on allegations that the boardwalk resort has poached its marketing executives and stolen its trade secrets. Relevant to gaming companies, airfares increased 5.4 percent, rental car prices jumped four percent, and hotel rates rose 1.2 percent, according to PIMCO research.“Taking a step back, US prices in travel and leisure services, in general, have been much more flexible during the COVID-19 crisis versus what we’ve seen in past crises,” notes the asset manager.covishield free 0 slots covishield free 0 slots |