2024.07.12
island view casino damageHarrah’s Kansas City North, seen here, is seeking rent abatement. The Missouri Gaming Commission (MGC) allowed casinos to reopen in early June.Slippery SlopeCouncilman Richard Stewart detailed the bind the city is in with the request from Harrah’s, stating that other businesses affected by the pandemic, such as restaurants, aren’t asking for tax breaks. As a result, Harrah’s North Kansas City notched revenue of just million, down from million a year earlier, according to the Star. casino slot winners youtubefor a break on rent for the Harrah’s Hotel & Casino there. Sola cited the financial strain caused by the coronavirus pandemic.We were closed for 75 days. The Missouri Gaming Commission (MGC) allowed casinos to reopen in early June.Slippery SlopeCouncilman Richard Stewart detailed the bind the city is in with the request from Harrah’s, stating that other businesses affected by the pandemic, such as restaurants, aren’t asking for tax breaks. big fish casino supplemental payment bovada casino review 2020resorts world casino kartrite(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. Dori Koren said, according to KSNV-TV. 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. thunder valley casino twitterHe 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. As of August, fiscal 2021 year-to-date admissions to all casinos in the state are lower, including a nine percent decline for Harrah’s.As of the end of August, adjust gross slot revenue at the Caesars venue is higher by 2.3 percent, making it the only casino in the Kansas City market that can make that claim. And clearly that was very, very hard for us,” she said before the council, reports The Kansas City Star. bovada online casino twin river casino 18 or 21red stag free bonus codes“We expect their solid financial positions to help them withstand pandemic-related business disruptions, though the gaming industry today remains in uncharted territory.”COVID-VICI-owned Harrah’s Las Vegas. And clearly that was very, very hard for us,” she said before the council, reports The Kansas City Star. Domestic gaming real estate investment trusts (REITs) have the liquidity and balance sheets to weather storms foisted upon tenants by the coronavirus pandemic, according to analysis of the group by Moody’s Investors Service. During this time due to closure, we did not have any revenues. The Missouri Gaming Commission (MGC) allowed casinos to reopen in early June.Slippery SlopeCouncilman Richard Stewart detailed the bind the city is in with the request from Harrah’s, stating that other businesses affected by the pandemic, such as restaurants, aren’t asking for tax breaks. turtle lake casino job openings drake casino bonus |