What the research shows
Here’s a look at what Macquarie’s analysis found:
- Monarch Casino and Resort (Reno): 14.3 months, burning $300,000 a day.
- Red Rock Resorts: 13.8 months, burning $1.7 million a day.
- Golden Entertainment: 10.4 months, burning $1 million a day.
- Boyd Gaming: 9.4 months, burning $3.2 million a day.
- MGM Resorts International: 9 months, burning $14.4 million a day.
- Penn National: 5.2 months, burning $6.4 million a day.
