"The impact to our revenues from the closing of these venues is still to be determined and will depend in part on the dates of the reopening of the facilities and in the play levels thereafter as the public begins to get back to normal routines," said Anthony Sanfilippo, MultiMedia’s president and chief executive, in a prepared statement.
Todd Eilers, an analyst with Roth Capital Partners, wrote that he was not surprised about the bingo halls short-term closure.
"While the venues are expected to reopen soon, we suspect play levels will likely be impacted in the near term," he said in a Monday note.