PLNHF’s numbers are going to look worse. It’s going to be another year or so before they even begin to recover a fraction of the Las Vegas losses. And it’s not just a matter of when the virus lockdowns get lifted, there are a lot of people with no disposable income, so it’s going to take awhile to get tourists back to Vegas.
They must be locked into an iron-clad contract with Newtonian and others with Santa Ana, because even with the renegotiations, there couldn’t be a worse time to be paying that kind of money and shares.
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