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The gaming industry could rely on at least one financial lifeline
"When real estate is finally open to the public, it is likely to be gradual and expand to meet consumer demand," Pandit said. Consumer confidence and comfort with the trip will take the longest to recover, and it may take some time before the amount of visitors recovers to pre-anemia levels.
It is unlikely to recover to the usual level in time for the 2020 summer season, but it is expected to show a more "normal" level in 2021."
The gaming industry could rely on at least one financial lifeline. 더킹카지노, which accounted for more than 41 percent of total casino sales in March, amounted to $64.8 million. This is not yet enough to make up for the $137.7 million drop in profits from brick and mortar casinos.
"I've lived here all my life. Bob McDevitt, president of the casino union UNITE HERE Local 54, said "nothing is coming." "It's like having a steel mill town and closing its doors."
Companies that depend indirectly on the industry, such as restaurants, hotels and coastal rental businesses, are also suffering, potentially losing thousands more jobs.
ratings agency Fitch Ratings warned that the Ocean Resort casino, which moved into a sleek, high glass tower that was home to short-lived Rebel before it was shut down in 2014, could "finally be closed."
"Casino workers, who had already used up their unemployment benefits during the off-season, lined up nearly a mile to pick up a food kit handed out by volunteers for the union last week.
No one imagined it would be this bad when it closed on March 16. Jeff Payne, a luxury roller lounge server at the Cassus Atlantic City Hotel and Casino and store manager at Union, had no idea this would happen. "
[People] have been thinking for two or three weeks. Now that reality is in place, people are really, really scared.
Even when the kasa77.com has been granted permission to resume, workers do not expect to be fully hired for months or possibly a year, as the peak summer season will be shortened by weeks at best.
"I expect maybe half of the staff will be hired," Payne said.
Lloyd D's executive director, Lumi Pandit. Lebensen Games, Entertainment & Tourism Institute, said casino operators will need more time to rehire their employees and establish new safety practices if they receive approval from the state to reopen them.
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