Atlantic City Casinos to Reopen During 4th of July Weekend?

atlantic city casinos reopen date

atlantic city casinos reopen date - win

Great Canadian Gaming (Time to Sell/Short?)

Great Canadian Gaming (T.GC) has 25 gaming, entertainment and hospitality facilities in Ontario, B.C. and Atlantic regions of Canada.
Over 95% of the revenue & EBITDA comes from BC & Ontario, of which each province has signaled that casino's will be among the last things to open in their provinces. There is NO prospective reopen date!
Heading into this weekend Great Canadian shares are off just 30% YTD without a dollar of revenue for almost 4 months and no visibility on when revenue or profitability will return.
In comparison, Gamehost Inc (T.GH), which operates casinos in Alberta that are open is also off 30% YTD. MGM Resorts (MGM), which also has its casinos open is off 42% YTD and Las Vegas Sands (LVS) which also has its casinos open is down 30% YTD.
Additionally, when the Casinos can reopen, one can expect very stringent rules that reduce revenues and increase costs, such as when Atlantic City Casinos reopened this weekend. Rules, are likely to include temperature checks on entering, mandatory wearing of masks, half capacity at table games, no smoking, drinking, or eating while inside the casinos and a cap on overall capacity of 50% occupancy.
This feels like a solid candidate to short sell over a medium time horizon. Any opinions from the community?
submitted by Vegas-Investor to stocks [link] [comments]

atlantic city casinos reopen date video

Atlantic City casinos reopen, taking precautions - YouTube The Most Expensive Casino in Atlantic City to Reopen - YouTube Ocean Casino Resort Atlantic City re-open to the public ... No drinking, indoor eating or smoking as Atlantic City ... Ocean Casino Resort Atlantic City reopening - YouTube Atlantic City's Casinos Will Reopen Just In Time For ... Alcohol, Smoking Ban When Atlantic City Casinos Reopen ... How this Atlantic City casino is planning to reopen - YouTube Five AC casinos reopen with no food, drinks or smoking ...

While casinos are reopening across the United States, Atlantic City is waiting for the government to give the go-ahead to get back to work. While casinos have not been given a set reopening date, it is expected that players will be able to go play their favorite games possibly by July 4. No Set Date for When Atlantic City Casinos Reopen. Governor Phil Murphy has stated he would like to see the nine Atlantic City casinos reopen by July 4. However, the governor has not set any firm dates or formal proclamations. All nine of Atlantic City’s casinos have been shut down since March 16 because of coronavirus restrictions, but there has been talk of a reopening by July Fourth. Small said the city would work with Icahn or any future owner of the property on developing the land, which aligns with the end of the Atlantic City Expressway. Atlantic City’s casinos will be able to reopen July 2 at 25% capacity, New Jersey governor Phil Murphy has said. In a Twitter post on Monday, the Democratic governor also said indoor dining can resume on that date, with restaurants also operating at 25% capacity. Atlantic City’s casinos, ... taking steps to reopen some businesses in New Jersey, Gov. Phil Murphy said Thursday he still doesn’t have a date for when Atlantic City’s nine casinos will be ... ATLANTIC CITY, N.J. -- Atlantic City's casinos will be able to reopen July 2 at 25% capacity and everyone inside the building wearing masks, New Jersey Gov. Phil Murphy said Monday. Atlantic City’s casinos are still closed, as the boardwalk shops and restaurants begin to reopen. But many of the casinos have started to release their reopening plans. Atlantic City casinos reopen in a changed pandemic world. By WAYNE PARRY July 2, 2020. gallery-arrow. apnews-gallery. 1 of 15. Craps players and dealers are seperated by partitions at the Golden Nugget Casino in Atlantic City, N.J., Thursday, July 2, 2020. Eager to hit the slot machines and table games after a 108-day absence, gamblers wore face ... The New Jersey politician told the press outside the Trump Plaza that he hopes Atlantic City’s casinos will reopen by the Fourth of July weekend. But he said, “that’s the governor’s call.” Atlantic City’s casinos will be able to reopen July 2 at 25% capacity, New Jersey Gov. Phil Murphy said Monday.

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Atlantic City casinos reopen, taking precautions - YouTube

For more gambling news, reviews and exclusive casino promotions, visit http://www.gamblingherald.com New Jersey Gov. Phil Murphy on Monday postponed the resumption of indoor dining, and banned drinking and smoking at Atlantic City's casinos as they reopen th... Atlantic City in New Jersey is getting its game back on. They're hoping to avoid the spike in coronavirus cases like we have seen here in Las Vegas since cas... Gambling returned to Atlantic City Thursday and most of the resorts' casinos reopened at 25% capacity after a three and a half month shutdown during the heig... Atlantic City casinos reopen Thursday, but there will be a ban on alcohol and smoking. Terry Glebocki, CEO and Mike Donovan, chief marketing officer and senior Vice President of Ocean Casino Resort Atlantic City detailing the new safety protoco... Terry Glebocki, CEO of Ocean Casino Resort Atlantic City re-open to the public Kimberly Davis reports. Resorts Casino Hotel CEO and president Mark Giannantonio joins "Squawk on the Street" to discuss reopening the Atlantic City casino in July 2020.For access t...

atlantic city casinos reopen date

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