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free slots gBuoyed by stout earnings before interest, taxes, depreciation, and amortization (EBITDA) and rising margins, the Station Casinos operator delivered better than expected results, sending its shares to a 52-week high today.Last June, Red Rock filed documents with the Nevada Gaming Control Board (NGCB) to keep Fiesta Henderson, Fiesta Rancho, Palms, and Texas Station closed through June 30, 2021.Although Red Rock’s fourth-quarter net revenue and adjusted EBITDA slumped on a year-over-year basis, due in large part to the aforementioned quartet of casinos being closed, adjusted EBITDA and margins impressed. Instead, the company will wait out Sin City’s slow coronavirus recovery while emphasizing free cash flow generation at venues that are operational. Operator Red Rock Resorts is keeping the venue closed for the time being. downstream casino oklahoma mibouriThe gaming company said adjusted EBITDA for the last three months of 2020 surged 16 percent, while adjusted EBITDA margin increased 832 basis points.Palms, Others Take Back Seat to Cash FlowIn the wake of the COVID-19 pandemic, many gaming operators are emphasizing cash flow, leaner operations, and stronger balance sheets. The Danville City Council subsequently formed a committee to determine where its local gaming tax share would be allocated.The committee asked residents for their opinions on how the gaming tax money should be spent. (Image: WSET)Sixty-nine percent of Danville voters backed a local casino referendum during the November 2020 election. sycuan casino and resort

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