2024.07.19
hard rock lake tahoe to harrah s lake tahoeHard Rock Atlantic City is doing well, but CEO Jim Allen isn’t pleased with the overall market. In a recent interview with Global Gaming Business (GGB), Allen expressed dismay that the city hasn’t done more, given Hard Rock’s level of investment on the Boardwalk.Candidly, we’re disappointed with Atlantic City,” said Allen in the interview. rt to 2019, including a nasty tumble that lasted for much of the second and third quarters, Red Rock Resorts, Inc. winstar world casino sizePalms operator Red Rock has seen its stock languish, but it has hedge fund supporters. In a recent interview with Global Gaming Business (GGB), Allen expressed dismay that the city hasn’t done more, given Hard Rock’s level of investment on the Boardwalk.Candidly, we’re disappointed with Atlantic City,” said Allen in the interview. However, some funds have recently been adding to or initiating stakes in the Station Casinos operator in a big way.With hedgies’ sentiment swirling, there exists an ‘upper tier’ of key hedge fund managers who were boosting their holdings substantially (or already accumulated large positions),” notes Insider Monkey.As of Sept. mohegan sun pocono casino floor plan 99designs online casinomorongo casino in palm springsHard Rock Atlantic City is doing well, but CEO Jim Allen isn’t pleased with the overall market. Hard Rock International CEO Jim Allen has a bone to pick with Atlantic City, N.J., the East Coast gaming hub and home to one of his company’s properties. rt to 2019, including a nasty tumble that lasted for much of the second and third quarters, Red Rock Resorts, Inc. river spirit casino discount codeIn a recent interview with Global Gaming Business (GGB), Allen expressed dismay that the city hasn’t done more, given Hard Rock’s level of investment on the Boardwalk.Candidly, we’re disappointed with Atlantic City,” said Allen in the interview. rt to 2019, including a nasty tumble that lasted for much of the second and third quarters, Red Rock Resorts, Inc. (Image: USA Today)The Palms operator’s recent gains validate intrepid investors’ thesis that the stock looked appealing around its third-quarter nadir. black hawk casino colorado addreb online casino no deposit bonus new australiafirekeepers casino hotel battle creek“There’s no other way to say it.”Allen said Hard Rock is second in terms of gross gaming revenue (GGR) on the Boardwalk, saying the company has made a “major statement” in New Jersey. “There’s no other way to say it.”Allen said Hard Rock is second in terms of gross gaming revenue (GGR) on the Boardwalk, saying the company has made a “major statement” in New Jersey. (NASDAQ:RRR) is cobbling together some momentum. Data confirms there were some market participants stepping into the regional gaming name during that time frame.At Q3’s end, a total of 17 of the hedge funds were long this stock, a change of six percent from the previous quarter,” according to hedge fund data tracker Insider Monkey.Hedge fund ownership of Red Rock equity is off the highs seen in mid-2018, but ticked higher from the second quarter. Even with the aforementioned recent bullishness deployed on Red Rock, the stock is up just 15.12 percent year-to-date, putting it well behind the S&P 500 and regional gaming names of comparable size, such as Boyd Gaming (NYSE:BYD) and Penn National Gaming (NASDAQ:PENN).Hedgeround casino poker table fund ownership of Red Rock is also behind that of regional rivals such as Penn National and Eldorado Resorts (NASDAQ:ERI). Even with the aforementioned recent bullishness deployed on Red Rock, the stock is up just 15.12 percent year-to-date, putting it well behind the S&P 500 and regional gaming names of comparable size, such as Boyd Gaming (NYSE:BYD) and Penn National Gaming (NASDAQ:PENN).Hedgeround casino poker table fund ownership of Red Rock is also behind that of regional rivals such as Penn National and Eldorado Resorts (NASDAQ:ERI). free slot machines no sign up free casino slots online no download with bonus rounds |