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black oak casino tuolumne caAs long as the coronavirus continues rattling the gaming industry, Red Rock Resorts (NASDAQ:RRR) leaders Frank and Lorenzo Fertitta will not take salaries. Frank and Lorenzo Fertitta are eliminating their Station Casinos salaries amid the COVID-19 pandemic. They sold UFC in 2016 for billion, and they own tens of millions of dollars worth of Red Rock shares.Perhaps a Good MoveWhile Red Rock hasn’t been mentioned as being one of the more financially strained gaming companies, cutting some higher compensation costs, albeit temporarily, could be a sound idea for a company that recently had its credit rating downgraded.Last month, Mtable roulette casino prix ifpkoody’s Investors Service took the gaming company further into junk territory to B2 from B1, citing the disrupted business environment created by COVID-19.“The downgrade of Station’s CFR is in response to the disruption in casino visitation resulting from efforts to contain the spread of the coronavirus, including recommendations from federal, state, and local governments to avoid gatherings and avoid non-essential travel,” said the ratings agency. tohono o odham desert diamond casinoThey join a long line of gamine industry executives that are altering compensation schemes as their companies struggle with the impact of the coronavirus outbreak.The most readily available data with the Securities and Exchange Commission (SEC) indicates CEO Frank Fertita had a 2018 salary of million, while his brother was paid 0,000. (Image: Forbes)The parent company of Station Casinos made the announcement on Monday, saying Chairman/CEO Frank Fertitta and his brother, Vice Chairman Lorenzo, will forego cash salaries for the remainder of the COVID-19 pandemic. They sold UFC in 2016 for billion, and they own tens of millions of dollars worth of Red Rock shares.Perhaps a Good MoveWhile Red Rock hasn’t been mentioned as being one of the more financially strained gaming companies, cutting some higher compensation costs, albeit temporarily, could be a sound idea for a company that recently had its credit rating downgraded.Last month, Mtable roulette casino prix ifpkoody’s Investors Service took the gaming company further into junk territory to B2 from B1, citing the disrupted business environment created by COVID-19.“The downgrade of Station’s CFR is in response to the disruption in casino visitation resulting from efforts to contain the spread of the coronavirus, including recommendations from federal, state, and local governments to avoid gatherings and avoid non-essential travel,” said the ratings agency. harrah s cherokee casino table games

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morongo casino hotels nearbyThe Government of the United Kingdom closed all casinos and betttable roulette casino prix ifpking shops on March 20.The NHS says 55,242 people have tested positive in the UK, and the disease has killed 6,159. The company announced the closure of 700 brick-and-mortar shops last spring.Only businesses deemed “essential” are allowed to currently have their doors open because of the coronavirus. The Government of the United Kingdom closed all casinos and betttable roulette casino prix ifpking shops on March 20.The NHS says 55,242 people have tested positive in the UK, and the disease has killed 6,159. (Image: Forbes)The parent company of Station Casinos made the announcement on Monday, saying Chairman/CEO Frank Fertitta and his brother, Vice Chairman Lorenzo, will forego cash salaries for the remainder of the COVID-19 pandemic. The Government of the United Kingdom closed all casinos and betttable roulette casino prix ifpking shops on March 20.The NHS says 55,242 people have tested positive in the UK, and the disease has killed 6,159. As Casino.org reported in late March, CEO Matt Maddox is moving to 100% equity compensation for the remainder of 2020, and some other directors and executives are following suit.The Fertitta brothers can handle the salary pinch. slotocash casino bonus codes