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black oak casino live music(Image: Las Vegas Review-Journal)Following a better-than-expected second-quarter earnings report delivered yesterday after the close of US markets, Red Rock executives were unable to give a definitive timeline as to when or if the Fiesta Henderson, Fiesta Rancho, Palms, and Texas Station will reopen, something that could be weighing on the stock today.In reiterating a “hold” rating on Red Rock stock, Stifel analyst Steven Wieczynski said that management could eschew the glitz and frivolities of many non-gaming amenities that are so vital to Las Vegas Strip operators, and focus more on pure gaming.Seems like management is starting to think about changing their operating strategy moving forward and going back to more of the old Station Casino model, which focused more on customers and pure gaming versus all the fancy non-gaming amenities,” Wieczynski said.None of the aforementioned venues are on the Strip. But one analyst sees opportunity with the stock should management opt to return the company to its core competencies. Those two markets combine for about 85 percent of the company’s annual revenue in a normal operating climate. twin river casino smokingThose two markets combine for about 85 percent of the company’s annual revenue in a normal operating climate. Vegas Sands (LVS) and Genting Singapore, the owners of the two venues, previously pledged to spend a combined .27 billion to expand non-gaming attractions at the properties. For example, MBS has the Art and Science Museum, Sands SkyPark, and Observation Deck, among other attractions, while the Genting venue is home to Universal Studios Singapore and the S.E.A. soaring eagle casino 18+

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