That translates to 239 days of liquidity for Caesars and 563 days for MGM Resorts.
Macquarie released a report this week detailing how much cash these casino companies burn every day while no vacationers visit properties – and how long they can stay closed without running out of money.
RIP Las Vegas
Oh, I'm not sure if I give a shit if any large companies fail. If they can't cut it, I mean isn't the whole thesis behind the free market is that new sustainable businesses will take their place?
Now is a GREAT time to clean and sanitize every nook and cranny of these hotels!