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soaring eagle casino dustin lynchLas 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, gross gaming revenue (GGR) in Macau plunged almost 88 percent in February and is tracking lower by 79riverwind casino games zpbc percent to start March.Interesting SurprisePerhaps the most surprising takeaway from the Amenity Analytics data is that there were just four mentions of the coronavirus on Wynn Resorts’ (NASDAQ:WYNN) Feb. Gaming companies experienced frequent coronavirus mentions on earnings conference calls. support.doubledown casinoDetails on what that entails were not given, but the operator said it will pay employees theirriverwind casino games zpbc 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. For example, the breakfast buffet at the ARIA runs .99 to .99, while the dinner equivalent costs .99 to .99, according to Vegas Food & Fun.The dinner buffet at Bellagio can cost up to .99 per person, not including alcohol and gratuity, while the similar service at MGM Grand costs .99.The priciest dinner buffet on the Strip is Bacchanal at Caesars Palace, which costs .99 per diner.In bygone Las Vegas eras, the city had limited dining options beyond cheap spots and all-you-can fare. Gaming companies experienced frequent coronavirus mentions on earnings conference calls. cache creek casino winners 2019
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free slot machines for real moneyBut some culinary 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. 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, gross gaming revenue (GGR) in Macau plunged almost 88 percent in February and is tracking lower by 79riverwind casino games zpbc percent to start March.Interesting SurprisePerhaps the most surprising takeaway from the Amenity Analytics data is that there were just four mentions of the coronavirus on Wynn Resorts’ (NASDAQ:WYNN) Feb. 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. sycuan casino locationThat’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. Several others, including Norwegian Cruise Lines and InterContinental Hotels, had more references to the illness on recent earnings calls.Among other gaming companies, Melco had 19 virus mentions on its recent analyst call, according to Amenity Analytics data. (Image: Reuters)Amenity Analytics, a provider of natural language processing (NLP) software, recently analyzed nearly 1,800 conference calls from the recently completed fourth-quarter earnings season, turning up 11,341 mentions of the coronavirus. free jackpot party slot machines
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foxwoods online slots promo codeLast week, Wynn Macau, the holding company for the operator’s two propert6 earnings update.That company derived about 65 percent of its revenue from Macau in the last three months of 2019 and said it was losing up to .6 million per day due to a forced closure of gaming venues there. 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. For example, the breakfast buffet at the ARIA runs .99 to .99, while the dinner equivalent costs .99 to .99, according to Vegas Food & Fun.The dinner buffet at Bellagio can cost up to .99 per person, not including alcohol and gratuity, while the similar service at MGM Grand costs .99.The priciest dinner buffet on the Strip is Bacchanal at Caesars Palace, which costs .99 per diner.In bygone Las Vegas eras, the city had limited dining options beyond cheap spots and all-you-can fare. But some culinary 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. More 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. is mgm casino owned by mgm studios
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