2024.07.17
clearwater casino hr phone numberCaesars 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. (Image: Yahoo Sports)In Form 8-K filings with the Securities and Exchange Commission (SEC) released today, the two gaming companies updated investors on the performances of their venues that were operational in June. Caesars 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. twin river slotsConv(Image: Yahoo Sports)In Form 8-K filings with the Securities and Exchange Commission (SEC) released today, the two gaming companies updated investors on the performances of their venues that were operational in June. 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 throuadmiral casino bghout 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. riverwind casino sports book gta v online casino heistmgm casino mabachusettsThe same sentiment is being articulated by Eldorado Resorts (NASDAQ:ERI), the company that’s closing in on a .3 billion takeover of the Caesars Palace operator. 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. For Caesars, that includes 19 venues — nine of which are deemed to be in “destination” markets. oxford casino ox pub menuConvChange 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. Each of the seven Arkansas Racing Commission members gave the casino proposals a score of 0-100. encore casino resort chukchansi casino busnew online casino usa real moneyCaesars Entertainment (NASDAQ:CZR) says its regional properties continue performing well following recent reopenings, but its gaming venues in destination markets, such as Las Vegas, are struggling. 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. 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. 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. Change 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. 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 throuadmiral casino bghout 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. free casino slots real money live casino texas holdem poker |