mohegan sun casino bostonAnalysts expected a loss of just a penny a share on turnover of 3.43 million. That indicates investors are focusing on comments from management confirming that the Palms isn’t for sale. But investors are embracing comments from Red Rock CEO Frank Fertitta that the company isn’t interested in selling the Palms on the Las Vegas Strip.First, we can dispel the rumors that the Palms is for sale,” he said on a conference call. double u down free slotsSecond, a core constituency for Red Rock’s local venues are employees of other Strip casinos. Those properties include Boulder Station, Green Valley Ranch Resort, Palace Station, Red Rock Resort, Santa Fe, Sunset Station – most of which target Las Vegas locals.Fertitta said the plan is to reopen the Palms, but that will be dependent on demand the operator sees at its other venues.Levered to the StripWieczynski notes Red Rock’s exposure to the Strip is twofold. Second, a core constituency for Red Rock’s local venues are employees of other Strip casinos. lake tahoe casino parking

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no deposit bonus casino in arkansasBut analysts reiterate the view that regional markets and casinos targeting locals will rebound faster than destination cities such as Las Vegas.On the conference call, Fertitta acknowledged, “The tourist part of the recovery is going to lag.” Stifel analyst Steven Wieczynski, who has a “hold” rating on the stock, said he has “mixed emotions” about the name.“We expect the company’s market-leading Las Vegas Locals assets to prove relatively resilient as COVID-19 headwinds subside,” said the analyst. It’s not correct. Shares of Red Rock Resorts (NASDAQ:RRR) are soaring Wednesday, even after the operator posted first-quarter results that badly missed estimates. mgm grand hotel casino the stripBut investors are embracing comments from Red Rock CEO Frank Fertitta that the company isn’t interested in selling the Palms on the Las Vegas Strip.First, we can dispel the rumors that the Palms is for sale,” he said on a conference call. Analysts expected a loss of just a penny a share on turnover of 3.43 million. First, there’s the obvious need for business and tourism thunder valley casino hotel phone numbertravel to recover to stoke demand to compel the operator to reopen the Palms. 0 roulette casino gain

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peppermill casino pabport rewardsBut there’s no word from the governor’s office as to when they might be permitted to reopen. “On the other hand, we believe the company’s direct and indirect exposure to the Las Vegas Strip could lead to a protracted operating cash flow recovery, as compared to its regional operator peers.”Red Rock is the parent company of Station Casinos. Analysts expected a loss of just a penny a share on turnover of 3.43 million. The year-over-year numbers may not be comparable because Red Rock took a million charge in the quarter related to paying staff in April while gaming properties were shuttered because of the coronavirus.Glum first-quarter results are a prominent theme in the gaming industry this year. First, there’s the obvious need for business and tourism thunder valley casino hotel phone numbertravel to recover to stoke demand to compel the operator to reopen the Palms. Tropicana, Caesars, Harrah’s, Bally’s, and Resorts are taking bookings for stays starting on June 7. phone number for river spirit casino