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cliff castle casino addreb(D) confirmed last night that two city residents had tested positive for COVID-19. al cache to lobby on behalf of the industry, too. But news of the stimulus package’s passage comes as several operators announced various cost-cutting initiatives.MGM Steady For NowEarlier Friday, MGM said it’s incurring “substantial operating losses in March,” adding that it has no visibility on when its gaming venues will reopen.“The Company believes its strong liquidity position, valuable unencumbered assets and aggressive cost reduction initiatives will enable it to fund its current obligations for the foreseeable future,” said the operator. mgm casino promo codesAtlantic City casinos are laying off thousands of workers because of the state-mandated closure of their operations in response to the COVID-19 pandemic. MGM Resorts International’s (NYSE:MGM) stock more than doubled off the recently notched 52-week low. “It’s important that we heed to our public health officials, that we’re not making emotional decisions, that we’re not making selfish decisions, but in the best interest of our community and our city.”The mayor says the boardwalk will remain open unless he receives information that pedestrians are not practicing social distancing. soaring eagle casino gym free online poker botchukchansi casino and resortMGM Resorts International’s (NYSE:MGM) stock more than doubled off the recently notched 52-week low. But news of the stimulus package’s passage comes as several operators announced various cost-cutting initiatives.MGM Steady For NowEarlier Friday, MGM said it’s incurring “substantial operating losses in March,” adding that it has no visibility on when its gaming venues will reopen.“The Company believes its strong liquidity position, valuable unencumbered assets and aggressive cost reduction initiatives will enable it to fund its current obligations for the foreseeable future,” said the operator. But that rally suffered a setback Friday when the company updated Wall Street with a dour outlook on the impact the coronavirus is having on its business. sizzling hot 6 deluxe gold free online slotsThe introduction of sports betting provided a major assist for the casinos and two horse racetracks, oddsmakers taking .58 billion worth of action, resulting in a win (hold) of 3 million.However, six of the seven casinos in operation prior to Hard Rock and Ocean reported a decline in their gross operating profit (GOP) through three quarkansas star casino careersters in 2019.Total GOP dipped 4.5 percent from 7.44 million through three quarters in 2018 to 4.56 million in 2019. The Atlantic City Boardwalk remains open, though there’s little foot traffic. MGM is dealing with substantial Marccoushatta casino poker tournaments river spirit casino complaintscoushatta casino directions(Image: Twitter)All nine casinos say they’re temporarily laying off employees so the workers can collect unemployment insurance. But that rally suffered a setback Friday when the company updated Wall Street with a dour outlook on the impact the coronavirus is having on its business. With casinos closed indefinitely, 2020 will see that number further decline.The Atlantic City Boardwalk remains open, though there’s little foot traffic. “We are looking forward to having our team back on property for a busy summer.”Nearly 156,000 New Jerseyans filed for unemployment insurance last week. A week earlier, less than 9,500 Garden State residents filed.According to the New Jersey Division of Gaming Enforcement (DGE), the gaming industry in Atlantic City employed 26,450 workers as of March 1, the majority being full-time positions (19,652).Coronavirus Hits TownIn a three-state joint announcement with New York and Connecticut, New Jersey Gov. mgm casino in ohio aliante casino suites |