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jamul casino linkedinCaesars said operating income at its destination casinos slid 75 percent to 85 percent, while revenue dipped 48 percent to 50 percent on a hold basis. Two qualified applicants now remain — Legends and Gulfside Casino Partnership.Deciding which of the two Pope County casino bids would move was supposed to be a rather simple process. At Caesars’ reopened Nevada properties and Harrah’s New Orleans, adjusted EBITDA on a hold basis plunged 55 percent to 65 percent last month.The operator reopened eight Silver State venues, including four in Sin City, and Harrah’s New Orleans at various points throupalace station casino floor planghout June.Similar Trends for EldoradoEldorado — which is beloved by Wall Street due in part to its strong ex-Nevada portfolio — experienced similar destination/regional trends in June. blackjack online realFor Caesars, that includes 19 venues — nine of which are deemed to be in “destination” markets. State attorneys advised the commission to remove itself from the matter, and Arkansas Attorney General Leslie Rutledge’s office is now intervening.Petition DeniedIn related Arkansas casino news, this week the state secretary’s office rejected nearly 100,000 signatures submitted by a camppalace station casino floor planaign seeking to legalize as many as 16 new commercial casinos.Arkansas Wins 2020 says it has been notified by the secretary’s office that the signatures were rejected based on “allegedly failing to certify that canvassers had passed two separate background checks.”The campaign says it’s filing a Petition for Review with the Arkansas Supreme Court “to address what we believe is an erroneous declaration of insufficiency,” said campaign spokesman Taylor Riddle.Those are defined as the operator’s properties in Nevada and Harrah’s New Orleans.Revenues for the reopened Regional properties for the period they were operating in May and/or June through June 30,palace station casino floor plan 2020 increased approximately 9% to 11% compared to the prior year period. jersey mike s mohegan sun casino

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admiral casino newquayChange in hold did not have a meaningful effect on this increase,” according to the Caesars 8-K.Operating income for the properties in Caesars regional portfolio that were operational through June 30 surged 125 percent to 135 percent, said the company. Seventeen of the company’s gaming venues were operational last month with three, Eldorado Reno, Silver Legacy Reno, and Circus Circus Reno, defined as destination properties.The company said revenue at three Reno casinos slipped approximately 42 percent, triggering a roughly 29 percent EBITDA drop. Those are defined as the operator’s properties in Nevada and Harrah’s New Orleans.Revenues for the reopened Regional properties for the period they were operating in May and/or June through June 30,palace station casino floor plan 2020 increased approximately 9% to 11% compared to the prior year period. The ballot amendment earmarked one casino license each for Pope and Jefferson counties and allowed the state’s two racinos — Oaklawn and Southland — to transition into casinos with slot machines and table games.Nearly two years since the vote, the legal courtroom drama continues for the lone casino license in Pope. Caesars and Eldorado say regional casinos are performing well. Rice’s scoring single-handedly tipped the score in Gulfside’s favor, 637-572.Despite Rice denying he had any bias, ARC rejected his scoring, which resulted in a tally favoring Legends. little river casino logo

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