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gold coast casino chinese restaurant(Image: Sean Kelley/Washington Business Journal)Johnson arrives in town from MGM National Harbor, where she was president and chief operating officer. She’s served in that capacity at the .4 billion integrated casino resort since November of 2017.Borgata aBut the most important takeaway may just be that the company’s lone tenant – MGM Resorts International (NYSE: MGM) – paid all of its April rent. borgata casino mlifeBut Stewart doesn’t expect MGM to miss payments.“Based upon its publicly reported liquidity position, we believe our tenant’s liquidity position is sufficient to cover its expected rental obligations,” said the MGP chief executive.That jibes with recent commentary from rival gaming REITs. What that means is second-quarter earnings and revenue for operators will be challenged at best. Excalibur owner MGM Growth Properties collected all April rent and doesn’t expect problems on that front this month. aliante casino open

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palace station casino henderson nvShe’s served in that capacity at the .4 billion integrated casino resort since November of 2017.Borgata aThe company, owned by the Seminole Tribe in Florida, is asking an appeals court in Greece to reverse the decision by the Hellenic Gaming Commission to award the license to MGE.Hard Rock said the Greek gaming regulator mishandled its bid by telling the casino operator it didn’t have sufficient construction experience – something Hard Rock Greece spokesperson Michael Karloutsos called “absolutely laughable.”Mohegan Overleveraged? With no casino revenue coming in, Mohegan Gaming missed a .7 million interest payment last month. Moody’s Investors Service downgraded the gaming company’s credit grade to “negative,” putting it well into speculative territory.Along with the .7 billion in Greece, MGE remains committed to INSPIRE Incheon in South Korea. morongo casino food specialsThe company, owned by the Seminole Tribe in Florida, is asking an appeals court in Greece to reverse the decision by the Hellenic Gaming Commission to award the license to MGE.Hard Rock said the Greek gaming regulator mishandled its bid by telling the casino operator it didn’t have sufficient construction experience – something Hard Rock Greece spokesperson Michael Karloutsos called “absolutely laughable.”Mohegan Overleveraged? With no casino revenue coming in, Mohegan Gaming missed a .7 million interest payment last month. They are Mohegan’s first developments outside North America.But MGM’s strong cash position may allay rent concerns for MGP.When it delivered quarterly results last week, MGM said it has .6 billion in cash on hand and can raise another .4 billion by further monetizing its equity ownership in MGP.For its part, MGP had cash and cash equivalents of .8 billion as of March 31. slot machine casino in san diego

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free online slots usaShe is the first Africa-American woman to lead an Atlantic City casino. What that means is second-quarter earnings and revenue for operators will be challenged at best. She’s served in that capacity at the .4 billion integrated casino resort since November of 2017.Borgata aShe is the first Africa-American woman to lead an Atlantic City casino. The gaming REIT also owns the real estate assets of MGM regional venues in Michigan, Mississippi, New Jersey, New York and Ohgolden palace casino contact gdnqio, just to name a few.Dependence on a single tenant is viewed as risky in the commercial real estate business, particularly when operating conditions deteriorate, as they are for gaming companies. But the most important takeaway may just be that the company’s lone tenant – MGM Resorts International (NYSE: MGM) – paid all of its April rent. casino extreme loyalty bonus