free caesars casino coinsShares of Red Rock Resorts (NASDAQ:RRR) are soaring Wednesday, even after the operator posted first-quarter results that badly missed estimates. 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. But 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. bellagio casino emailBut 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. “That is a rumor. aliante casino slots

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four winds casino careers“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. First, there’s the obvious need for business and tourism glendale az desert diamond casinotravel to recover to stoke demand to compel the operator to reopen the Palms. But there’s no word from the governor’s office as to when they might be permitted to reopen. draftkings casino onlineg for South Jersey’s future.”First, there’s the obvious need for business and tourism glendale az desert diamond casinotravel to recover to stoke demand to compel the operator to reopen the Palms. (Image: Las Vegas Review-Journal)The company said it lost .18 a share on revenue of 7.39 in the January through March period. san manuel online casino real money

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casino pier surf card“That is a rumor. It’s not correct. g for South Jersey’s future.”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. That indicates investors are focusing on comments from management confirming that the Palms isn’t for sale. It’s not correct. lucky tiger casino free chips 2021