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End of a winning streak? Vegas casino operators are predicted to have as little as five months to stay afloat as companies burn up to $14.4M a DAY after Sin City [tr]
UK Daily Mail ^ | March 26, 2020 | Marlene Lething

Posted on 03/26/2020 2:00:16 PM PDT by C19fan

Las Vegas casinos owners may have just five months to stay afloat as they burn through up to $14.4million each a day following orders to close down operations for a month. On Tuesday March 17 Nevada Governor Steve Sisolak ordered a statewide closure of all nonessential businesses for 30 days, including casinos, bars and restaurants, to prevent the spread of COVID-19, turning Sin City into a ghost town. Casinos are now facing the dilemma of keeping workers employed, while grappling with zero income. Some operators have as little as five months before they run out of money, according to Macquarie Research.

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: Business/Economy; Health/Medicine; Society
KEYWORDS: casinos; vegas; virus
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Sensational article from the UK tabloid. The big players appear to have the cash reserves to make it.
1 posted on 03/26/2020 2:00:16 PM PDT by C19fan
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To: C19fan

Not to worry. The Godfather in Albany will take care of things.


2 posted on 03/26/2020 2:01:52 PM PDT by Ouchthatonehurt
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To: C19fan

Built on cards. What do you expect?


3 posted on 03/26/2020 2:02:12 PM PDT by DIRTYSECRET (urope. Why do they put up with this.)
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To: C19fan

Nevada had a good February and march was good the first part, and then.......


4 posted on 03/26/2020 2:03:15 PM PDT by cherry
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To: C19fan

Why did you truncate the headline?


5 posted on 03/26/2020 2:03:58 PM PDT by upchuck (Democrats are always the problem, never the answer.)
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To: C19fan

Not a fan.


6 posted on 03/26/2020 2:06:57 PM PDT by nickcarraway
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To: Ouchthatonehurt; BenLurkin; Army Air Corps; C19fan
Fredo corleone GIFs - Get the best GIF on GIPHY
7 posted on 03/26/2020 2:07:02 PM PDT by KC_Lion (Me and my homies woulda been stackin' bodies by now- G. Washington.)
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To: C19fan

U.S.S.A. United Socialist States of America lock down citizens, hold rest of republic HOSTAGE.

https://www.youtube.com/watch?v=fcsvE1zv1ek

Socialism Is Legal Plunder and DEATH. WITNESS history and current events.

https://usdebtclock.org

PROPAGANDISTS are essential.

ENEMIES domestic.

The damage they have done and continue to do cannot be calculated.


8 posted on 03/26/2020 2:08:27 PM PDT by PGalt
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To: C19fan

Uh, MGM had already decided to close before sissypants made a choice and some of the other majors had started considering shutting down. Not giving POS sissypants credit for ANYTHING! There is a recall petition to get rid of him but we know how that’ll turn out.


9 posted on 03/26/2020 2:08:58 PM PDT by rktman ( #My2ndAmend! ----- Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?)
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To: C19fan
I'll shed no tears for them.

How many countless lives & families destroyed in the glorified "Gambling Lifestyle".

10 posted on 03/26/2020 2:09:19 PM PDT by prophetic (Trump is today's DANIEL. Shut the mouth of lions Lord, let his enemies be the Cat Food instead.)
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To: C19fan
“Las Vegas casinos owners may have just five months to stay afloat . . “

I look for bordello owners to get a little behind too.

11 posted on 03/26/2020 2:10:34 PM PDT by jeffersondem
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To: C19fan

I have no need for Las Vegas. I gamble in the stock market.


12 posted on 03/26/2020 2:13:29 PM PDT by Old Yeller (Abortion mills are kept open as a necessity, but the churches have been closed.)
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To: C19fan

The Nevada governor has condemned the taxpayers
to death, having REMOVED from physicians the right
to correctly treat and prevent coronavirus infections.

Why?

Because his staff of non-MD women confuse medical
education with their GYN exams.


13 posted on 03/26/2020 2:13:59 PM PDT by Diogenesis ( WWG1WGA)
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To: C19fan

Tabloid writers are worthless


14 posted on 03/26/2020 2:14:39 PM PDT by rrrod (6)
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To: prophetic

You sound just like an anti-gunner. No one made them walk into the casino.


15 posted on 03/26/2020 2:15:54 PM PDT by Cobra64 (Common sense isnÂ’t common anymore.)
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To: C19fan
Here's the brochure for G.A. Maybe they can join.

"Hi, I'm MGM and I have a gambling problem".

"Hi, MGM!"

https://lh3.googleusercontent.com/q6TU3bOPCQFkuhButKFJzu-GifMHcIG368nqpGhHuTHipQaCz-rF26rMDDBlAb9U-hQSpelo3jD7JIiKQGfybs6J9BOf_t2Pxfl9WsBG6-jgtUCcMzTe6GSsn1gZoJgSew-Ga3yAOUCC5TmBINY4rb0HQFPFwshARizcfTGTMkS5yoQhkp9LYL271XKJjBOQWc0uSA0JkrgogTUtqItMiwSfww8hQuC6I2xfxMnkrnCZIPvBt4jFrIGsc5X6gzI-TtlrUjrNo_RUqS9tw1A_n7II8EKWEW2BT3ZuwhQKW-be_7P_bAfJXEddyIzc4WxZoRUHom47yCw2UmaRbGCYenS8FTkmpGG5DjqC9GakS2JcuwLuqZDyT6100dqlnXYvYAkom-H-9xHgwRoGLqkp5cz5Ukhz9XQtC4-Sd6ynNWrru6ZGGPqqfjsnGwIcBxbfiGCDW7aK2xRSVWYSrnzSXaMw3TA6Ahbh-6eyAYcMiHTy9FJ3Pg9mHeAW_nBdthMcMzlEgjMmk-5pVGHsX9bWYx1Z4zzBo3_gJsXD4Vl7mouqBj82wGZIC_lfX8UjkD-aO3rbR8WxC5Jyk5KO5xJVbYWHmVCoX27I-CGNZv4UxW2DPv45YGcIe-Ud6_vJPkprq1E-YGcUY5AvgRTlTX97PhBrC-SJxk7xc4RsEBEMbiNy0F-YCm1cPi6L-X-vCg=w277-h625-no

16 posted on 03/26/2020 2:19:38 PM PDT by Veggie Todd (Voltaire: "Religion began when the first scoundrel met the first fool".)
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To: C19fan
Here's the brochure for G.A. Maybe they can join.

"Hi, I'm MGM and I have a gambling problem".

"Hi, MGM!"


17 posted on 03/26/2020 2:20:27 PM PDT by Veggie Todd (Voltaire: "Religion began when the first scoundrel met the first fool".)
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To: Veggie Todd

Oops. Sorry.


18 posted on 03/26/2020 2:21:08 PM PDT by Veggie Todd (Voltaire: "Religion began when the first scoundrel met the first fool".)
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To: C19fan

They have five months to stay afloat? Many small businesses around here will be performing miracles if they stay afloat five WEEKS. Not news and not worthy of a headline.


19 posted on 03/26/2020 2:21:38 PM PDT by Cincinnatus.45-70 (What do DemocRats enjoy more than a truckload of dead babies? Unloading them with a pitchfork!)
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To: C19fan

If those union members working in those hotels lose their jobs and leave Nevada before November Trump will hit the jackpot.


20 posted on 03/26/2020 2:23:04 PM PDT by forgotten man
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