{"id":10672,"date":"2020-05-05T10:38:19","date_gmt":"2020-05-05T10:38:19","guid":{"rendered":"https:\/\/www.legitgambling.com\/news\/?p=10672"},"modified":"2020-05-05T11:37:54","modified_gmt":"2020-05-05T11:37:54","slug":"mgm-resorts-plan-for-reopening-casinos-after-lockdown-is-lifted","status":"publish","type":"post","link":"https:\/\/www.legitgambling.com\/news\/mgm-resorts-plan-for-reopening-casinos-after-lockdown-is-lifted\/","title":{"rendered":"MGM Resorts Plan For Reopening Casinos After Lockdown Is Lifted"},"content":{"rendered":"

\"MGMCasino operators across the United States<\/a> have suffered massive losses due to the shutdown of casino properties brought about by the coronavirus. While multiple states considering slowly lifting the shutdown, casinos will have to wait it out as they are prime places for crowds to gather and spread the virus. MGM Resorts<\/a> one of the biggest casino operators in the country is planning a strategic reopening process.<\/p>\n

MGM Resorts like all casino operators have witnessed a decline in gaming revenues. The company recently released its first-quarter financial report and things are not looking good. According to the data, all of the company\u2019s earnings were down and it would be facing even bigger losses if not for the sale of its two Vegas properties back in January. <\/p>\n

MGM\u2019s new CEO Jim Hornbuckle<\/strong> is not taking all of this lying down as he has a strategic plan in place to get things up and running at the earliest. Hornbuckle says that MGM first plans to reopen its New York casino first. Since it only has around 2,000 rooms compared to the company\u2019s other holdings, it is one of the easiest to operate. Hornbuckle also says that they plan to open the Bellagio<\/a> to get back all of their the high-end customers.<\/p>\n

KTNV Channel 13 Las Vegas<\/strong><\/p>\n

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