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free slot machines at the casinoGrosswild horse pab casino and resort gaming revenue (GGR) on the Strip is down nearly 44 percent through October, and hotel occupancy is off more than 47 percent compared with 2019.The devastating revenue losses naturally caused plenty of rumblings around town regarding which casino will and will not survive the pandemic.Sahara faced some public backlash in August after the casino sued a popular Las Vegas blogger for sharing rumors on his Twitter account regarding the resort’s potential closure in September. Then known as SLS Las Vegas, the Meruelo Group reverted the casino to its Sahara origins and is spending 0 million in renovating the property.2020 NightmareCOVID-19 ravaged the gaming industry in 2020, and the pandemic continues to strain business. Analysts were forecasting a .39 per share loss.Maddox Talks New Company Long considered Steve Wynn’s protégé and right-hand man, Maddox replaced the disgraced billionaire in February of 2018 after he resigned from his namesake company amid numerous allegations of sexual misconduct.Maddox spoke this week about how Wynn Resorts has changed since Steve Wynn departed the casino firm.“Our board was pretty much all older, wealthy white men. mgm casino listThen known as SLS Las Vegas, the Meruelo Group reverted the casino to its Sahara origins and is spending 0 million in renovating the property.2020 NightmareCOVID-19 ravaged the gaming industry in 2020, and the pandemic continues to strain business. Let’s go have fun,'” Maddox said.Wynn certainly isn’t roaring at the moment. And though 31 days remain in 2020, the resort is already looking forward to 2021. draftkings casino winners blackjack casino dealer schooltable game casinos montanaLet’s go have fun,'” Maddox said.Wynn certainly isn’t roaring at the moment. “Itwild horse pab casino and resort’s what we’ve always been. Sahara Las Vegas is readying for a more fun and exciting year. draftkings casino emailBut I think it’s something we can really lean into to get us going again.”Roaring Las VegasCOVID-19 has resulted in tens of thousands of workers employed in the US gaming industry losing their jobs, being furloughed, and/or seeing their hours reduced. Wynn’s Encore Boston Harbor integrated resort in Massachusetts has also struggled amid state-ordered operating restrictions.But despite the 2020 difficulties, Wynn Resorts CEO Matt Maddox is optimistic about 2021 and the future ahead.“I think the future of Las Vegas is bright. The town would be out millions of dollars if that gaming property is closed for an extended period of time.Cortez said some police positions have been eliminated, along with salary reductions for city workers, to cope with the revenue shortfall.In Commerce, Mayor Altamirano says 200 city staffers were furloughed and revenue is already light by million this year due to Commerce Casino being closed.o sheas casino black hawk sycuan casino valley firehard rock casino cincinnatiIn Macau, where Wynn Resorts is heavily invested, gross gaming revenue is down 80.5 percent. But I think it’s something we can really lean into to get us going again.”Roaring Las VegasCOVID-19 has resulted in tens of thousands of workers employed in the US gaming industry losing their jobs, being furloughed, and/or seeing their hours reduced. (Image: Las Vegas Review-Journal)Sahara announced this week numerous discount packages available for immediate booking that are good for stays for the 12 months following the ringing in of the new year. The casino also revealed that it will open three new restaurants in 2021, and will become the new home of “Channing Tatum Presents Magic Mike Live.”Sahara is also set to unveil its fully renovated Moroccan-themed pool and day club next summer.Billionaire Alex Meruelo announced his plans in 2017 to acquire the struggling casino resort, located on the Strip’s northern end, for an undisclosed price from Stockbridge Capital Partners. But Maddox believes, unlike a traditional recession or economic retraction, once a vaccine is available, it will be a quick recovery.I think it will be similar to the Roaring ’20s after the pandemic of 1918 and 1919. .2 million, or 46 percent, of that city’s general fund. clearwater casino bainbridge island miami club casino 15 no deposit |