2024.07.08
intertops casino sportsbookShares of Red Rock Resorts (NASDAQ:RRR) are soaring Wednesday, even after the operator posted first-quarter results that badly missed estimates. It’s not correct. With rival operators slated to slowly reopen venues and many jobs expected to be lost for good, Red Rock could encounter near-term headwinds.“In the end, given our expectation for the Strip, and Las Vegas more broadly, to prove a laggard in the COVID-19 recovery process, we believe investors will have the opportunity to remain patient with RRR shares,” said the Stifel analyst.soaring eagle casino tonightSecond, a core constituency for Red Rock’s local venues are employees of other Strip casinos. Golden Nugget and Ocean Casino have their earliest date as June 15.MGM Resorts’ Borgata, the casino that pulls in more money than any other Atlantic City property, is delaying reservations until July 1.All nine casinos in Atlantic City have been closed since March 16, when New Jersey Gov. Shops along the Atlantic City Boardwalk remain closed, but casinos hope to soon reopen. free slot machines without downloading free casino slots pleaseblackjack online malaysiaHe’s gradually announced reopening of businesses day-by-day. And that’s a major concern for one of the state’s most powerful lawmakers. The state reported 1,055 new COVwild horse pab casino instagramID-19 tests this week, bringing the Garden State total to 149,013.Senator WorriedCompared to other governors, some say, Murphy has been slow to ease restrictions. harrah s cherokee casino bowling alleyFirst, there’s the obvious need for business and tourism wild horse pab casino instagramtravel to recover to stoke demand to compel the operator to reopen the Palms. Shops along the Atlantic City Boardwalk remain closed, but casinos hope to soon reopen. This week, he allowed batting cages, golf driving ranges, horseback riding centers, tennis clubs, shooting ranges, and community gardens to reopen.There’s no word as to when casino gambling might be permitted to resume. blackjack online with real dealers live casino kidnappingcasino nyc“That is a rumor. (Image: Las Vegas Review-Journal)The company said it lost .18 a share on revenue of 7.39 in the January through March period. But investors are embracing comments from Red Rock CEO Frank Fertitta that the company isn’t interested in selling the Palms on the Las Vegas Strip.First, we can dispel the rumors that the Palms is for sale,” he said on a conference call. The year-over-year numbers may not be comparable because Red Rock took a million charge in the quarter related to paying staff in April while gaming properties were shuttered because of the coronavirus.Glum first-quarter results are a prominent theme in the gaming industry this year. “On the other hand, we believe the company’s direct and indirect exposure to the Las Vegas Strip could lead to a protracted operating cash flow recovery, as compared to its regional operator peers.”Red Rock is the parent company of Station Casinos. This week, he allowed batting cages, golf driving ranges, horseback riding centers, tennis clubs, shooting ranges, and community gardens to reopen.There’s no word as to when casino gambling might be permitted to resume. morongo casino events bet online casino no deposit bonus |