winstar world casino customer service16, the director now holds nearly 103,000 shares of the gaming company’s equity, good for the fourth-largest stake among members of the board.Inside The Golden Entertainment ThesisGolden Entertainment operates nine gaming properties across Nevada and the Rocky Gap in Maryland. Former NJ Gov. The nine casinos saw their gross gaming revenue (GGR) climb nearly 14 percent.Brick-and-mortar GGR rose by only 0.8 percent. jamul casino san diegoGolden’s market value of 7.17 million makes it a small-cap stock and one of the tinier publicly traded casino operators in the US.Expressing FaithDirectors and executives usually acquire a company’s stock for a single reason: because they expect the shares will appreciate. However, the STRAT, formerly the Stratosphere, on the north end of the Las Vegas Strip is the company’s most important venue.The STRAT, which is currently in the midst of a 0twin river casino coupons million renovation, accounts for 25 percent of Golden’s earnings before interest, taxes, depreciation and amortization (EBITDA).“We believe the property will benefit from major draws including the Convention Center expansion (Jan 2021), Allegiant Stadium (Summer 2020) and MSG Sphere (2021),” said Macquarie hospitality analyst Chad Beynon in a recent note.The analyst points out that Golden Entertainment was hampered by disappointing earnings last year, high leverage and weak cash flow, butUnderscoring the headwinds encountered by some smaller regional operators this year, Golden Entertatwin river casino couponsinment’s recent bullishness has pushed the stock to a 2019 gain of just six percent. draftkings casino queen rv park

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