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admiral casino znojmoanies’ ability to survive in a zero-revenue climate.Even if you look at the deeply-affected COVID-hit sectors, these companies have 20 to 36 months of liquidity,” said Mark Kiesel, co-manager of the PIMCO Total Return Fund in an interview with Bloomberg. Borgata has brought a lawsuit against Atlantic City competitor Ocean Casino on allegations that the boardwalk resort has poached its marketing executives and stolen its trade secrets. “Any vaccine that comes out in the next 6 to 12 months, I think you could see a rebound, and that’s the next wave, or the rally.”Kiesel said the bond house is overweight travel and leisure debt in a “prudent way.”Back from the BrinkAs stocks tumbled and as US casinos were shuttered in March, concerns ramped-up about gaming companies’ ability to survive the pandemic.Several months later, some casino giants are as well-capitalized as they’ve ever been.For example, Las Vegas Sands (NYSE:LVS). roulette casino table for saleHe took with him his Borgata company cell phone and “all of the trade secrets stored therein.”Lawyers for MGM say Callahan and his counsel have refused to return the phone. Rival MGM Resorts International (NYSE:MGM), the largest operator on the Las Vegas Strip, has .1 billion worth of liquidity as of June 30.PIMCO’s Kiesel told Bloomberg his firm has loaned money to “leaders” in the hotel and gaming industries, as well as to airlines via credits that are backed by new planes.Airlines Take OffThe airline industry rebounding is essential to Sin City’s recovery because most travelers arrive at the largest US gaming mecca via passenger jet.That makes Las Vegas vulnerable to airlines’ recenboomtown casino dinner buffett moves to slash routes to conserve cash. Injunctive relief is necessary because all informal efforts to resolve the dispute and protect Borgata’s business from irreparable harm have failed,” the lawsuit contends.Borgata has long dominated the Atlantic City gaming industry. slotwolf casino free slots androidadmiral casino herefordThey add that both Burke aboomtown casino dinner buffetnd Callahan are in violation of their non-competes.“In a transparent ruse to circumvent his non-competition obligations, Ocean gave the career casino marketing executive the title of ‘SVP of Hotel Operations’ despite the fact that during his 18 years of work at Borgata, he had never overseen hotel operations, never overseen housekeeping, never overseen front desk, bell desk, or janitorial serves (all of which are core hotel functions),” the lawsuit challenges.Three Others, TooBorgata belShe brought to Ocean “her unique access and intimate knowledge of Borgata’s marketing strategies and customer loyalty databases.”MGM claims Callahan was wooed away from Borgata by Ocean in the midst of his ongoing employment contract. Hard Rock was a distant second at 4 million.Of the nine casinos, Ocean ranked No. contare le carte a blackjack onlineThe MGM gaming floor won 9.5 million of the market’s .8 billion wins. The biggest US company in the industry by market capitalization, LVS says it has the cash to proceed with major Asia-Pacific enhancements while surviving 18 months in a no-revenue environment. The MGM gaming floor won 9.5 million of the market’s .8 billion wins. inside the bellagio casino el.dorado casino renogolden nugget casino withdrawal“Any vaccine that comes out in the next 6 to 12 months, I think you could see a rebound, and that’s the next wave, or the rally.”Kiesel said the bond house is overweight travel and leisure debt in a “prudent way.”Back from the BrinkAs stocks tumbled and as US casinos were shuttered in March, concerns ramped-up about gaming companies’ ability to survive the pandemic.Several months later, some casino giants are as well-capitalized as they’ve ever been.For example, Las Vegas Sands (NYSE:LVS). MGM says Ocean has hired six ex-Borgata execs, at least two of which have vioboomtown casino dinner buffetlated their one-year non-compete agreements.Ocean is in the process of raiding Borgata’s casino marketing department. In terms of brick-and-mortar gambling, slot machines and table games, the Marina District casino held a 26.4 percent market share in 2019. The MGM gaming floor won 9.5 million of the market’s .8 billion wins. Compounding Nevada’s woes is that drive-in traffic from neighboring Arizona and California remains slack.However, there are incremental signs of improvement. She brought to Ocean “her unique access and intimate knowledge of Borgata’s marketing strategies and customer loyalty databases.”MGM claims Callahan was wooed away from Borgata by Ocean in the midst of his ongoing employment contract. you tube brian christopher slots thunder valley casino careers |