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peppermill casino calendarSola cited the financial strain caused by the coronavirus pandemic.We were closed for 75 days. Dori Koren said, according to KSNV-TV. Sola cited the financial strain caused by the coronavirus pandemic.We were closed for 75 days. restaurants in the wynn casino las vegasAnd clearly that was very, very hard for us,” she said before the council, reports The Kansas City Star. But local policymakers aren’t enthusiastic about the idea. But local lawmakers aren’t keen on the idea. mohegan sun casino logo las vegas wynn casino openingborgata casino executivesHarrah’s Kansas City North, seen here, is seeking rent abatement. (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. But 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. the hollywood casino in toledo ohioBut adjusted gross table revenue is lower by eight percent, according to MGC data.During this time due to closure, we did not have any revenues. As a result, Harrah’s North Kansas City notched revenue of just million, down from million a year earlier, according to the Star. no deposit bonus casino paypal drake casino 100 free spinscasino 888 loginSola cited the financial strain caused by the coronavirus pandemic.We were closed for 75 days. for a break on rent for the Harrah’s Hotel & Casino there. As a result, Harrah’s North Kansas City notched revenue of just million, down from million a year earlier, according to the Star. But local policymakers aren’t enthusiastic about the idea. (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). 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. peppermill casino in reno coushatta casino resort in kinder louisiana |