foxwoods fox tower casinoSmall took over for former Mayor Frank Gilliam Jr. The last thing on people’s minds.”Mayor ConfidentIf the ballot referendum is defeated, Atlantic City Mayor Marty Small Sr. He believes change is needed, and Bob McDevitt, president of the casino workers union Unite Here Local 54, agrees.It’s hard to get a full feel on this. luckyland casino iosPritzker is saying that state won’t open until certain standards are met. Atlantic City Council President George Tibbitt says the special election is taking a back seat to the coronavirus crisis, which has put more than 20,000 casino employees out of work.Tibbitt, who recently said Atlantic City could be facing an “Armageddon,” said, “I can’t tell you how many houses I went to, people pulled them (mail-in ballots) out of the trash. I know they know they got a raw deal, and don’t think they will make a decision that will make their lives worse.”For the referendum to be valid, at least 30 percent of the turnout of the last election – 1,870 people – must cast ballots in favor of the ballot question. resorts world casino covid 19

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casino royale castSo much is going on … it’s under the radar. Entering Monday, the operator had 115.42 million shares outstanding.Penn is up almost five-fold from its 52-week lowThe operator of Ameristar and Hollywood casinos, among others, is also selling 0 million in convertible notes coming due in 2026. cashman casino play onlineJ.B. Penn National Gaming is heading to the market to raise 0 million. Shares of Penn National Gaming (NASDAQ:PENN) slid early Monday after the regional gaming company said it’s raising 0 million via sales of convertible notes and common stock. twin river casino is open

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clearwater casino pow wow(Image: Reuters)The company said it’s selling 0 million worth of common stock, a move that dilutes current investors by bringing new shares to market, explaining why Penn stock is lower by 2.33 percent at this writing. Small took over for former Mayor Frank Gilliam Jr. LLC and BofA Securities have 30 days to purchase up to another .5 million worth of equity and .5 million of convertibles.Raising CashWhen Penn National delivered first-quarter results last week, the company said it has 0.7 million in cash on its balance sheet as of the end of March.However, the operator is still burning through million per month, as its gaming venues across the US remain shuttered by the coronavirus pandemic, indicating the capital raises announced today are perhaps essential should the company face an extended zero-revenue environment.Penn operates 41 gaming properties in 19 states, all of which have been closed since mid-March. Illinois Gov. “But I completely have faith in the people. The last thing on people’s minds.”Mayor ConfidentIf the ballot referendum is defeated, Atlantic City Mayor Marty Small Sr. pechanga casino rooms