2024.07.19
island view casino insider(Image: NPR)Recent gross gaming revenue (GGR) data suggests that despite an increase in COVID-19 cases in the neighboring Guangdong province and the persistent lack of a travel bubble with Hong Kong, things are starting to trend the right way for Macau. Our primary focus right now has really been on Durango, which we think is a great development opportunity in the most underserved part of the Las Vegas Valley,” Frank Fertitta III said this week. That’s even as some investors fret about regulatory risk from Beijing. turtle lake casino crab legsShares of Macau concessionaires continue sagging. The 0 million sale was deemed a credit positive for Station by Moody’s Investors Service. The worst-case scenario, per the current project schedule, would be in March of 2024.Cootey believes Station Casinos’ future is bright because of its superiority in the Las Vegas locals’ market.“We believe that we are uniquely positioned to capitalize on the very favorable long-term demographic trends and high barriers to entry that characterized the Las Vegas locals’ market,” Cootey concluded.free slot machines casino world hard rock casino virginiasycuan casino outletHe says the investment is warranted by the immediate surrounding area featuring a “high-income population base.” Opening 2023-24Cootey explained that Station Casinos’ goal is to begin work on the Durango undertaking sometime in January, February, or March of 2022. The company tried its hand with the Strip market in 2016 by purchasing the Palms Casino Resort for 2.5 million. But those are considerable overhangs to overcome, and likely explain the 2021 lethargy in related operator equities.We think initial underperformance can be explained by new Covid cases in Guangdong in June and no travel relaxation between Hong Kong and Macau,” said Morgan Stanley analysts.Liwild river casino yuma azke their US counterparts, Macau operators proved adept at cutting costs and boosting margins as a result of the coronavirus pandemic. the number to thunder valley casinoStation Casinos dominates the local casino market in Southern Nevada. Station’s Durango project site is five miles from the nearest current casino in operation. Morgan Stanley says it’s likely Macau will extend all gaming roulette casino video golden nugget casino vegasbig fish casino games freeShares of Macau concessionaires continue sagging. (Image: NPR)Recent gross gaming revenue (GGR) data suggests that despite an increase in COVID-19 cases in the neighboring Guangdong province and the persistent lack of a travel bubble with Hong Kong, things are starting to trend the right way for Macau. Station and RRR dumped another 0 million into the just-off-the-Strip complex. Morgan Stanley says it’s likely Macau will extend all gaming Gaming analyst Joseph Greff of JPMorgan said in a note that Station’s Durango project will likely be in the neighborhood of 0 million. Morgan Stanley says it’s likely Macau will extend all gaming riverwind casino restaurants free slots no download 777 |