admiral casino.com(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. 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. turtle lake casino openThose 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,food at borgata casino 2020 increased approximately 9% to 11% compared to the prior year period.  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. 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. casino 66 buffet

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roulette casino namurEach of the seven Arkansas Racing Commission members gave the casino proposals a score of 0-100. 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. 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. little river casino hotelEach of the seven Arkansas Racing Commission members gave the casino proposals a score of 0-100. 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. 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. twin river casino closed

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who owns sunset station casinoThat 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. (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 and Eldorado say regional casinos are performing well. Caesars and Eldorado say regional casinos are performing well. 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. 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. casino extreme coupon codes no deposit