2024.07.17
firekeepers casino youtube(Image: Las Vegas Sun)Business has been good. But the truth is we’ve been doing this for a couple of decades, we have an unparalleled track record,” said CEO Rob Goldstein in response to an analyst question on the company’s third-quarter earnings conference call last week.As for LVS stock, which is off 36.24 percent year-to-date, some analysts view it as a bargain among gaming names.“The risk-reward trade-off for Sands China is compelling, with a bear case indicating a 9 percent downside, while a bull case leads to a 132 percent upside and our base case showing 68 percent upside,” adds Bernstein.On Friday, Hard Rock International will celebrate the official grand opening of its Cincinnati casino. winstar world casino gainesville txThe state continues to lead the nation in unemployment, with approximately 7.5 percent of Nevadans out of work in September.While that’s down from eight percent in April of this year, it remains considerably higher than the national average of 4.8 percent.But some business leaders believe increasing the UI tax on employers now is too soon.We are still facing challenges ahead of us as a state because of the pandemic. A long line of unemployed people stands outside the One-Stop Career Center in Las Vegas on March 17, 2020. The tax hike is part of an effort to replenish the state’s fund that distributed unemployment compensation to Nevadans who were put food at borgata casinoout of work during the pandemic.Nevada’s Employment Security Division and Department of Employment, Training, and Rehabilitation jointly held a virtual public meeting last Friday regarding the proposed unemployment insurance (UI) tax increase. brian christopher slots group pull lucky creek slotsgold coast casino ping pang pongMany business and community leaders spoke in opposition to the rate hike.Tax Increase Too SoonNevada was one of the hardest-hit states by the pandemic, as its economy relies heavily on tourism and business travel. Gross gaming revenue (GGR) has eclipsed the billion mark in each of the past six months. On Friday, Hard Rock International will celebrate the official grand opening of its Cincinnati casino. royal ace casino customer serviceMany have opted for Las Vegas to release their pent-up demand for entertainment. (Image: Las Vegas Sun)Business has been good. And the gaming and entertainment company that has made its name celebrating hitmakers is bringing one in – just not from the music industry – for the festivities. cashman casino facebook encore casino attireslot casino norgeOn Friday, Hard Rock International will celebrate the official grand opening of its Cincinnati casino. Gross gaming revenue (GGR) has eclipsed the billion mark in each of the past six months. On Friday, Hard Rock International will celebrate the official grand opening of its Cincinnati casino. And that’s why some feel a higher UI tax is warranted while economic conditions are seemingly improving.“If we get into trouble with inflation or another downturn or another whatever typfood at borgata casinoe of situation … it’s better to hedge forward than wind up trying to buy our way out again,” opined Ray Bacon, executive director of the Nevada Manufacturers Association.“Additionally, the impact of the Delta variant is causing uncertainty that is slowing economic recovery.”Nevada has been funding its unemployment claims with federal stimulus money made available through the CARES Act. And that’s why some feel a higher UI tax is warranted while economic conditions are seemingly improving.“If we get into trouble with inflation or another downturn or another whatever typfood at borgata casinoe of situation … it’s better to hedge forward than wind up trying to buy our way out again,” opined Ray Bacon, executive director of the Nevada Manufacturers Association.turtle creek casino calendar of events hard rock casino open |