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sam s town casino vegasMore broadly, Credit Suisse says the biggest brunt of the outbreak will be felt economically and on profit updates in the April through June period.LVS Isn’t AloneIn fairness to Las Vegas Sands, the company wasn’t even the worst travel and leisure offender regarding coronavirus conference call mentions. MGM Resorts International (NYSE:MGM), the operator of two Macau venues, experienced seven coronavirus references on its Feb. But some culinachoctaw casino idabel oklahomary 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. paragon casino kenny wayne shepherdBut 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. (Image: Reuters)Amenity Analytics, a provider of natural language processing (NLP) software, recentlchoctaw casino idabel oklahomay analyzed nearly 1,800 conference calls from the recently completed fourth-quarter earnings season, turning up 11,341 mentions of the coronavirus. 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, grossriverwind casino norman ok mohegan sun casino wilkes barrecasino roulette table limitsMGM Resorts International (NYSE:MGM), the operator of two Macau venues, experienced seven coronavirus references on its Feb. 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. Several others, including Norwegian Cruise Lines and InterContinental Hotels, had more references to the ilchoctaw casino idabel oklahomalness on recent earnings calls.Among other gaming companies, Melco had 19 virus mentions on its recent analyst call, according to Amenity Analytics data. bicycle casino world series of pokerMGM Resorts International (NYSE:MGM), the operator of two Macau venues, experienced seven coronavirus references on its Feb. Details on what that entails were not given, but the operator said it will pay employees their standard rate of pay if they contract the coronavirus or are quarantined as a result of the outbreak.On Capitol Hill Tuesday, President Trump pushed Republican senators to consider a payroll tax holiday through the November election, and stimulus aimed at the travel and leisure industry remains a possibility. That figure includes mentions of the respiratory illness by analysts and management on the calls.LVS, the operator of five Macau integrated resorts, reported fourth-quarter results on Jan. riversweeps online casino login coushatta casino slot machinesencore casino las vegas nevadaBut some culinachoctaw casino idabel oklahomary 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. Several others, including Norwegian Cruise Lines and InterContinental Hotels, had more references to the ilchoctaw casino idabel oklahomalness on recent earnings calls.Among other gaming companies, Melco had 19 virus mentions on its recent analyst call, according to Amenity Analytics data. On 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. Gaming companies experienced frequent coronavirus mentions on earnings conference calls. 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. 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. big dollar casino 100 free chip 2020 pechanga casino bingo |