mountaineer casino smokingBut there’s no word from the governor’s office as to when they might be permitted to reopen. But the governor said last week that the stateBut 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 cashman casino“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. 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.Those properties include Boulder Station, Green Valley Ranch Resort, Palace Station, Red Rock Resort, Santa Fe, Sunset Station – most of which target Las Vegas locals.Fertitta said the plan is to reopen the Palms, but that will be dependent on demand the operator sees at its other venues.Levered to the StripWieczynski notes Red Rock’s exposure to the Strip is twofold. golden nugget casino concerts

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the foxwoods resort casino 301Shops along the Atlantic City Boardwalk remain closed, but casinos hope to soon reopen. Tropicana, Caesars, Harrah’s, Bally’s, and Resorts are taking bookings for stays starting on June 7. It’s not correct. new harrah s casino in ncRight?Recently, speculation swirled about the post-virus 777 hollywood casinofate of the venue, with talk that Red Rock could leave the Palms closed while trying to find a buyer.‘Mixed Emotions’Following a shutdown that spanned two months, gaming properties in some states are reopening, while some marquee Strip venues are planning to soon follow suit. And that’s a major concern for one of the state’s most powerful lawmakers. That indicates investors are focusing on comments from management confirming that the Palms isn’t for sale. angel of the winds casino security

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the firekeeper casinoShares of Red Rock Resorts (NASDAQ:RRR) are soaring Wednesday, even after the operator posted first-quarter results that badly missed estimates. Tropicana, Caesars, Harrah’s, Bally’s, and Resorts are taking bookings for stays starting on June 7. Right?Recently, speculation swirled about the post-virus 777 hollywood casinofate of the venue, with talk that Red Rock could leave the Palms closed while trying to find a buyer.‘Mixed Emotions’Following a shutdown that spanned two months, gaming properties in some states are reopening, while some marquee Strip venues are planning to soon follow suit. Analysts expected a loss of just a penny a share on turnover of 3.43 million. It’s not correct. 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. kansas star casino box office