2024.07.17
sam s town casino hostsLas Vegas Sands (NYSE:LVS) and Melco Resorts & Entertainment (NASDAQ:MLCO) are among the companies that most frequently mentioned the novel coronavirus on recent earnings conference calls, a sentiment that isn’t confined to the gaming industry. 12 earnings update.That company did withdraw its 2020 financial guidance due to “uncertainty” stemming from the coronavirus.Underscoring speculation that virus references could increase in the coming months, grossGaming companies experienced frequent coronavirus mentions on earnings conference calls. gta 5 casino blackjack glitchOn Monday, a second case was discovered in the Sin City area, pushing the Silver State’s total to four.Buffets Are Revenue GeneratorsFood and beverage doesn’t generate profits on par with gaming and hotel operators for integrated resort companies. local health officials on protocol and procedures during this time,” said MGM in a statement provided to KLAS, the Las Vegas CBS Affiliate.MGM, the largest operator on the Strip, said it plans to evaluate the status of the buffets on a weekly basis, but did not give a hard date for when the service will resume.Last week, the first coronavirus case emerged in Nevada. But the former is an important revenue diversifier and viewed as a must-have amenity when it comes to attracting and retaining guests and gamblers.Data indicates MGM’s buffet closure could result in a short-term revenue pinch. lucky tiger casino no deposit is boomtown casino openvalley forge casino nightlifeThat’s relevant because companies have yet to report results for the first three months of 2020, the period in which the epidemic wracked the global travel and leisure industry.Some analysts have said first- and second-quarter reports for Macau operators will be rendered moot because there will be essentially no earnings to speak of. More broadly, Credit Suisse says the biggest brunt of the outbreak will be felt economically and on profit updates in the April through June period.LVS Isn’t AloneIn fairness to Las Vegas Sands, the company wasn’t even the worst travel and leisure offender regarding coronavirus conference call mentions. Details on what that entails were not given, but the operator said it will pay employees their standard rate of pay if they contract the coronavirus or are quarantined as a result of the outbreak.On Capitol Hill Tuesday, President Trump pushed Republican senators to consider a payroll tax holiday through the November election, and stimulus aimed at the travel and leisure industry remains a possibility. thunder valley casino free giftsBut the former is an important revenue diversifier and viewed as a must-have amenity when it comes to attracting and retaining guests and gamblers.Data indicates MGM’s buffet closure could result in a short-term revenue pinch. More broadly, Credit Suisse says the biggest brunt of the outbreak will be felt economically and on profit updates in the April through June period.LVS Isn’t AloneIn fairness to Las Vegas Sands, the company wasn’t even the worst travel and leisure offender regarding coronavirus conference call mentions. (Image: Reuters)Amenity Analytics, a provider of natural language processing (NLP) software, recentlfree cashman slotsy analyzed nearly 1,800 conference calls from the recently completed fourth-quarter earnings season, turning up 11,341 mentions of the coronavirus. black oak casino campgrounds free spins drake casinomgm grand casino buffetThat’s relevant because companies have yet to report results for the first three months of 2020, the period in which the epidemic wracked the global travel and leisure industry.Some analysts have said first- and second-quarter reports for Macau operators will be rendered moot because there will be essentially no earnings to speak of. That figure includes mentions of the respiratory illness by analysts and management on the calls.LVS, the operator of five Macau integrated resorts, reported fourth-quarter results on Jan. Several others, including Norwegian Cruise Lines and InterContinental Hotels, had more references to the ilfree cashman slotslness on recent earnings calls.Among other gaming companies, Melco had 19 virus mentions on its recent analyst call, according to Amenity Analytics data. But the former is an important revenue diversifier and viewed as a must-have amenity when it comes to attracting and retaining guests and gamblers.Data indicates MGM’s buffet closure could result in a short-term revenue pinch. Meanwhile, Democrats are angling for increased sick leave pay and extension of unemployment benefits for workers displaced by the COVID-19 epidemic.On Monday, a second case was discovered in the Sin City area, pushing the Silver State’s total to four.Buffets Are Revenue GeneratorsFood and beverage doesn’t generate profits on par with gaming and hotel operators for integrated resort companies. luckyland casino card black oak casino tuolumne ca |