firekeepers casino kenny gThe 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. (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. hard rock south lake tahoe casino(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. But destination venues, such as Caesars Palace, are scuffling. At Caesars’ reopened Nevada properties and Harrah’s New Orleans, adjusted EBITDA on a hold basis plunged 55 percent to 65 percent last month.The operator reopened eight Silver State venues, including four in Sin City, and Harrah’s New Orleans at various points throufood at borgata casinoghout June.Similar Trends for EldoradoEldorado — which is beloved by Wall Street due in part to its strong ex-Nevada portfolio — experienced similar destination/regional trends in June. free online megaways slots

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las atlantis casino rCaesars and Eldorado say regional casinos are performing well. (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. Each of the seven Arkansas Racing Commission members gave the casino proposals a score of 0-100. resorts casino queens new yorkThe 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. 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. 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. angel of the winds casino hotel phone number

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tachi palace casino logoThat 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. 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. Two 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. State attorneys advised the commission to remove itself from the matter, and Arkansas Attorney General Leslie Rutledge’s office is now intervening.Petition DeniedIn related Arkansas casino news, this week the state secretary’s office rejected nearly 100,000 signatures submitted by a campfood at borgata casinoaign seeking to legalize as many as 16 new commercial casinos.Arkansas Wins 2020 says it has been notified by the secretary’s office that the signatures were rejected based on “allegedly failing to certify that canvassers had passed two separate background checks.”The campaign says it’s filing a Petition for Review with the Arkansas Supreme Court “to address what we believe is an erroneous declaration of insufficiency,” said campaign spokesman Taylor Riddle.Each of the seven Arkansas Racing Commission members gave the casino proposals a score of 0-100. (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. golden nugget casino covid 19