2024.07.17
sycuan casino lazy riverBut Station Casinos have exposure to Strip trends, which Wiecynski says could portend a “protracted cash flow recovery” relative to rival regional gaming companies.Strip ExposureConfounding operators with Strip exposure is that many travelers are reluctant to hop on planes to get to Las Vegas without a coronavirus vaccine. Vegas Sands (LVS) and Genting Singapore, the owners of the two venues, previously pledged to spend a combined .27 billion to expand non-gaming attractions at the properties. But one analyst sees opportunity with the stock should management opt to return the company to its core competencies. casino near me nowBut one analyst sees opportunity with the stock should management opt to return the company to its core competencies. But Station Casinos have exposure to Strip trends, which Wiecynski says could portend a “protracted cash flow recovery” relative to rival regional gaming companies.Strip ExposureConfounding operators with Strip exposure is that many travelers are reluctant to hop on planes to get to Las Vegas without a coronavirus vaccine. With the fate of the Palms still undecided, investors chumba casino cheatsneed to be patient with Red Rock Resorts, says an analyst. draftkings casino queen clearwater casino imagespeppermill casino wendover nevada(Image: Las Vegas Review-Journal)Following a better-than-expected second-quarter earnings report delivered yesterday after the close of US markets, Red Rock executives were unable to give a definitive timeline as to when or if the Fiesta Henderson, Fiesta Rancho, Palms, and Texas Station will reopen, something that could be weighing on the stock today.In reiterating a “hold” rating on Red Rock stock, Stifel analyst Steven Wieczynski said that management could eschew the glitz and frivolities of many non-gaming amenities that are so vital to Las Vegas Strip operators, and focus more on pure gaming.Seems like management is starting to think about changing their operating strategy moving forward and going back to more of the old Station Casino model, which focused more on customers and pure gaming versus all the fancy non-gaming amenities,” Wieczynski said.None of the aforementioned venues are on the Strip. Vegas Sands (LVS) and Genting Singapore, the owners of the two venues, previously pledged to spend a combined .27 billion to expand non-gaming attractions at the properties. The bad news is the pandemic will delay enhancements to Singapore’s gaming properties. black oak casino instagramLVS said it has the financial resources to pursue Asia-Pacific investments and survive 18 months or longer in a zero-revenue environment.That’s the good news. In an interview with Bloomberg, Singapore Tourism Board CEO Keith Tan said postponements caused by COVID-19 are “inevitable.”Singapore SlumpMBS and Resorts World Sentosa reopened on July 1 following a shutdown that lasted more than three months, crimping the city-state’s tourist-driven economy in the process.With the properties operational, Sands and Genting are still contending with various controls, including a 25 percent capacity limit and restrictions on who can gain entry to the integrated resorts. The bad news is the pandemic will delay enhancements to Singapore’s gaming properties. video poker casino search casino table games with dicewinstar world casino resortThe bulk of travel currently allowed is for business and official government purposes. Vegas Sands (LVS) and Genting Singapore, the owners of the two venues, previously pledged to spend a combined .27 billion to expand non-gaming attractions at the properties. Vegas Sands (LVS) and Genting Singapore, the owners of the two venues, previously pledged to spend a combined .27 billion to expand non-gaming attractions at the properties. But Station Casinos have exposure to Strip trends, which Wiecynski says could portend a “protracted cash flow recovery” relative to rival regional gaming companies.Strip ExposureConfounding operators with Strip exposure is that many travelers are reluctant to hop on planes to get to Las Vegas without a coronavirus vaccine. Shares of Red Rock Resorts (NASDAQ:RRR) are slumping today after the gaming operator revealed a murky outlook for four of its still closed Southern Nevada properties. In an interview with Bloomberg, Singapore Tourism Board CEO Keith Tan said postponements caused by COVID-19 are “inevitable.”Singapore SlumpMBS and Resorts World Sentosa reopened on July 1 following a shutdown that lasted more than three months, crimping the city-state’s tourist-driven economy in the process.With the properties operational, Sands and Genting are still contending with various controls, including a 25 percent capacity limit and restrictions on who can gain entry to the integrated resorts. mohegan sun casino buffet admiral casino cambridge |