four winds casino hotel rates(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 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. 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,admiral casino b 2020 increased approximately 9% to 11% compared to the prior year period. play free casino slot games online no download the Quapaw Tribe of Oklahoma and its Downstream Development Authority.Pope’s BlessingArkansans voted 54-46 percent in favor of bringing full-scale commercial gambling to the state. Caesars 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. 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. las atlantis casino no deposit bonus

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free online poker tournamentsThat jibes with a mid-June update provide by Caesars underscoring strength in markets such as Louisiana, Mississippi, and Missouri, and sluggishness in Las Vegas.Destination DisappointmentCaesars added adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) at regional venues that were open through June 30 jumped 75 percent to 85 percent on a year-over-year basis as margins surged.As more domestic gaming properties come back online following the coronavirus shutdown, analysts are bullish on operators with regional portfolios, because it’s easier to cut costs and reduce amenities at those venues, thereby driving margin expansion.Unfortunately, that doesn’t obfuscate weakness in markets like Las Vegas. For Caesars, that includes 19 venues — nine of which are deemed to be in “destination” markets. The 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. black oak casino cafe menuBut destination venues, such as Caesars Palace, are scuffling. The project with the highest tally was to receive the gaming license.However, the Commission found bias in Commissioner Butch Rice’s grading of Gulfside a perfect 100, while awarding the Legends plan only 29 points. 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,admiral casino b 2020 increased approximately 9% to 11% compared to the prior year period. free slots video poker

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thunder valley casino update(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. The project with the highest tally was to receive the gaming license.However, the Commission found bias in Commissioner Butch Rice’s grading of Gulfside a perfect 100, while awarding the Legends plan only 29 points.  the Quapaw Tribe of Oklahoma and its Downstream Development Authority.Pope’s BlessingArkansans voted 54-46 percent in favor of bringing full-scale commercial gambling to the state. Caesars 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. Caesars and Eldorado say regional casinos are performing well. For Caesars, that includes 19 venues — nine of which are deemed to be in “destination” markets. miami club casino no deposit bonus