2024.07.19
river spirit casino darius ruckerTwo 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. That 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. Caesars and Eldorado say regional casinos are performing well. river spirit casino news 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. (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. silver oak casino online paragon casino addrebfree 3 wheel slots online 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 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. But destination venues, such as Caesars Palace, are scuffling. santa ana casino comedy clubCaesars 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. ConvRice’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. cashman casino won t open the hard rock casino biloxiscarlet pearl casino promotionsRice’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. 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. Conv(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. That 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. hard rock casino tulsa borgata casino online sports betting |