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bellagio casino water show times(Image: Wayne Parry/AP)Gross operating profits for the nine casinos plummeted 170 percent April through June, as their brick-and-mortar gaming floors were shut on New Jersey Gov. The company reported net revenue of .7 million, a 78 percent increase.Atlantic City casinos lost 2 million in the second quarter of 2020. borgata casino layoffs 202012, but that figure jumped to 7,700 last week.“Since Zhuhai tourism visa resumed on August 12, there have seen some pickup, but not an obvious recovery” in Macau’s visitor numbers or GGR, said the Bernstein analysts.With the rest of Guangdong province rejoining the IVS party tomorrow, Macau visitation and GGR numbers could start to see material improvement by mid-September.Month-to-date, as of Aug. 12, but that figure jumped to 7,700 last week.“Since Zhuhai tourism visa resumed on August 12, there have seen some pickup, but not an obvious recovery” in Macau’s visitor numbers or GGR, said the Bernstein analysts.With the rest of Guangdong province rejoining the IVS party tomorrow, Macau visitation and GGR numbers could start to see material improvement by mid-September.Month-to-date, as of Aug. The Boardwalk resort recorded an operating loss of .8 million.Borgata was the biggest loser in actual revenue. harrahs casino in ca club player casino appchukchansi casino bus schedule fresno caThe daily rate is on pace to be 95 percent lower on a year-over-year basis and five percent below July’s figure.For the six months through June, Golden Nugget’s online slots and table games won more than 0.1 million — a 90.9 percent year-over-year surge. Internet gaming and online sports wagering operated during the entire second quarter, but sporting event ofplay cashman casino online freeferings were limited,” the New Jersey Division of Gaming Enforcement (DGE) stated.The biggest year-over-year percentage loser was Ocean Casino, which saw its profit tumble 85 percent. harrah s casino temeculaBut 1,043 workers at the Twin River Casino and nearly 300 at the Tiverton Casino in the Rhode Islplay cashman casino online freeand town of the same name will be let go on Sept. The MGM Resorts property in the Marina District saw its profit go from .4 million in Q2 of 2019 to a loss of .2 million in Q2 2020.Slow ReturnMurphy allowed casinos to begin reopening ahead of the July 4 holiday weekend but continues to restrict indoor dining, as well as food and beverage service on the gaming floors. “The air conditioning has to be on for all the customers, whether it’s on for 25 percent or 100 percent of capacity.”New Jersey Casino Control Commission Chair James Plousis celebrated Atlantic City’s casinos for quickly implementing numerous health safety measures that allowed them to reopen.“The casinos undertook an amazing effort and expense to prepare a safe environment for the return of employees and guests,” Plousis declared.Online Gaming SurgesOnly one casino posted a gross operating profit in tplay cashman casino online freehe second quarter. morongo casino hiring blackjack casino reviewsslot machine casino jackpotThe Boardwalk resort recorded an operating loss of .8 million.Borgata was the biggest loser in actual revenue. 30, according to a filing with the state Department of Labor and Training.TRWH made that filing with the state on Aug. Atlantic City was fresh off a strong 2019 year where profits totaled 3 million.Then the pandemic hit.Due to the COVID-19 pandemic, Atlantic City casino hotel operations were closed during the entire second quarter of 2020. The MGM Resorts property in the Marina District saw its profit go from .4 million in Q2 of 2019 to a loss of .2 million in Q2 2020.Slow ReturnMurphy allowed casinos to begin reopening ahead of the July 4 holiday weekend but continues to restrict indoor dining, as well as food and beverage service on the gaming floors. For the six months through June, Golden Nugget’s online slots and table games won more than 0.1 million — a 90.9 percent year-over-year surge. borgata casino atlantic city soaring eagle casino gym |