2024.07.12
doubledown casino home pageMGM Resorts International (NYSE:MGM), the operator of two Macau venues, experienced seven coronavirus references on its Feb. That’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. 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. doubledown casino on twitterOn 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. (Image: Reuters)Amenity Analytics, a provider of natural language processing (NLP) software, recentlrunning aces casino racetracky analyzed nearly 1,800 conference calls from the recently completed fourth-quarter earnings season, turning up 11,341 mentions of the coronavirus. chinook winds casino covid 19 casino 4kjamul casino linkedin(Image: Reuters)Amenity Analytics, a provider of natural language processing (NLP) software, recentlrunning aces casino racetracky analyzed nearly 1,800 conference calls from the recently completed fourth-quarter earnings season, turning up 11,341 mentions of the coronavirus. But some culinarunning aces casino racetrackry and hotel industry experts believe buffets actually forced gaming companies to entertain the additions of higher-end restaurants, turning Sin City into one of the premier dining destinations in the US along the way.More on the VirusAs of Tuesday evening, other Strip operators have not made similar announcements regarding affected dining service.MGM said staffers impacted by the buffet closures will be in touch with the company’s labor relations department for assistance during this period. 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. draftkings casino payoutThat was in Las Vegas, and was followed by a confirmed instance in Washoe County in the northern part of the state. Las 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, grossw casino no deposit bonus hard rock casino free playslot machine casino how to winThat was in Las Vegas, and was followed by a confirmed instance in Washoe County in the northern part of the state. 29 with Chairman and CEO Sheldon Adelson calling the COVID-19 situation “unique and serious.” There were 28 mentions of the virus on that conference call, the most among gaming companies, according to Amenity data.The first case of the coronavirus emerged in China in mid-January, with the first instance being identified in Macau – the world’s largest gaming center – several days later. MGM Resorts International (NYSE:MGM), the operator of two Macau venues, experienced seven coronavirus references on its Feb. 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 some culinarunning aces casino racetrackry and hotel industry experts believe buffets actually forced gaming companies to entertain the additions of higher-end restaurants, turning Sin City into one of the premier dining destinations in the US along the way.More on the VirusAs of Tuesday evening, other Strip operators have not made similar announcements regarding affected dining service.MGM said staffers impacted by the buffet closures will be in touch with the company’s labor relations department for assistance during this period. But some culinarunning aces casino racetrackry and hotel industry experts believe buffets actually forced gaming companies to entertain the additions of higher-end restaurants, turning Sin City into one of the premier dining destinations in the US along the way.More on the VirusAs of Tuesday evening, other Strip operators have not made similar announcements regarding affected dining service.MGM said staffers impacted by the buffet closures will be in touch with the company’s labor relations department for assistance during this period. casino near me baccarat 2 to 1 blackjack las vegas |