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bicycle casino emailThe NCAA’s March Madness men’s college basketball tournament, one of the busiest mgm grand casino pool mvbctimes of the year for oddsmakers, was called off because of the health crisis.Sisolak Extending ClosuresToday, Nevada’s governor revealed what most Nevadans were expecting: the odds favor him extending the state’s stay-at-home order past April 30. Every table game saw win tumble, including blackjack and craps – both down 60 percent, and roulette plunging 70 percent. There’s a chance the companies could comment on payments for the fifth month. live casino and hotelNevada casinos won just 8.1 million on their floors last month from being closed for nearly half of March because of the COVID-19 pandemic. On the Strip, revenue from that table game fell more than 17 percent in March to .46 million.Baccarat wasn’t alone. But Instinet’s Adam reminds investors that even if a tenant were to go belly up because of a prolonged no-revenue setting, gaming REITs have first priority for assets in bankruptcy proceedings.Fortunately for the real estate companies, insolvency for tenants is a way’s off, as even the financially flimsiest of gaming companies hmgm grand casino pool mvbcas enough capital on hand to survive at least another year with no money coming in.GLP and Vici have multiple tenants, while MGP is solely reliant on MGM Resorts International (NYSE:MGM) for its revenue stream.Near-Term TestsThe May rent payment cycle could prove telling for the real estate firms, because some analysts believe operators could skirt those obligations for a month or two simply to conserve cash.“There is a real risk that tenants may look to their rent obligations to conserve cash, while their facilities are closed or are operating with minimal business volumes,” said Fitch Ratings in a recent note.GLP and Vici report first-quarter earnings on Friday, May 1. free online zorro slot games

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little river casino players club(Image: Benjamin Hager/Las Vegas Review-Journal)Nevada’s casinos were ordered to shutter their operations on March 17 by Governor Steve Sisolak (D). The month benefited from the additional Leap Year day, plus the Chinese New Year occurring in February.Ides of MarchEveryone knew March was going to be bad. February was the best February in the history of Nevada’s legal gaming industry. no deposit bonus casino list indiaa Instinet analyst Daniel Adam believes the property firms are the best bets for investors positioning for an industry resurgence.With the COVID-19 pandemic having resulted in casino closures throughout the world, rather than choose winners and losers among the operators, we consider the Gaming REITs to be a much safer way for equity investors to gain exposure to an eventual recovery in Gaming,” he wrote in a recent note to clients.Some market participants appear to agree with Adam’s assessment, as shares of the three REITs soared off their 52-week lows. (Image: Benjamin Hager/Las Vegas Review-Journal)Nevada’s casinos were ordered to shutter their operations on March 17 by Governor Steve Sisolak (D). Penny slots won just .3 million, a decline of 33 percent.Nevada sportsbooks took just 1.2 million in wagers, the smallest March handle since 1993. free online poker zynga

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mychoice casino cardFebruary was the best February in the history of Nevada’s legal gaming industry. Nevada casinos won just 8.1 million on their floors last month from being closed for nearly half of March because of the COVID-19 pandemic. There’s a chance the companies could comment on payments for the fifth month. None of the Nevada Gaming Control Board’s metered markets posted a year-over-year GGR increase.March’s dismal performance trailed three consecutive months in which Nevada casinos won more than billion in each. Appearing on ABC’s “Good Morning America,” the Democratic first-term governor said Nevada isn’t ready to ease safety restrictions.Unfortunately, we’re going to have to extend the stay-at-home order a little bit. There’s a chance the companies could comment on payments for the fifth month. river spirit casino flood