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mohegan sun casino yelpGaming companies experienced frequent coronavirus mentions on earnings conference calls. Gaming companies experienced frequent coronavirus mentions on earnings conference calls. MGM Resorts International (NYSE:MGM), the operator of two Macau venues, experienced seven coronavirus references on its Feb. valley forge casino discount code29 with Chairman and CEO Sheldon Adelson calling the COVID-19 situation “unique and serious.” There were 28 mentions of the virus on that conference call, the most among gaming companies, according to Amenity data.The first case of the coronavirus emewinstar world casino images ekbfrged in China in mid-January, with the first instance being identified in Macau – the world’s largest gaming center – several days later. 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. 6 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. intertops casino download

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poker adelaide casino(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. But the former is an important revenue diversifier and viewed as a must-have amenity when it comes to attracting and retaining guests and gamblers.Data indicates MGM’s buffet closure could result in a short-term revenue pinch. Last week, Wynn Macau, the holding company for the operator’s two propertblack hawk casinos coronavirus update(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. MGM Resorts International (NYSE:MGM), the operator of two Macau venues, experienced seven coronavirus references on its 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. jamul casino sd.com

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free slot machines with bonus(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. 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. 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 79winstar world casino images ekbf 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’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. Buffets Are Revenue GeneratorsFood and beverage doesn’t generate profits on par with gaming and hotel operators for integrated resort companies. 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. intertops casino coupon codes