2024.07.18
soaring eagle casino travis trittIt comes from the Pamunkey Indian Tribe, which has already won the Norfolk casino rights. (Image: Wikimedia Commons)So far, Bally’s is the high bidder. Add Bally’s Corporation to the list of casino operators interested in investing in Richmond, Va. harrah casino ncVoters in each of those towns can decide whether to authorize a gaming resort to help their region’s economy.Four did so last November in Bristol, Danville, Norfolk, and Portsmouth. Still, Wall Street is comfortable being bullish on the name.“We expect demand among leisure travelers to recover this summer, and look for a rebound in the company’s convention business later in the year,” said Staszak. That’s a sign investors are willing to wager on increasing COVID-19 vaccinations and pent-up demand fostering a Sin City rebound in the back half of this year.MGM stock is highly levered to that theme because the company depends on the Strip for approximately half its earnings before interest, taxes, depreciation and amortization (EBITDA). borgata casino atlantic city phone number wild goose casino ellensburgcoushatta casino livingston texasNorfolk is thought to have gone with the tribe and Yarbrough olucky tiger no deposit coden claims that the Pamunkey have ancestral ties to the area, and therefore could pursue a tribal gaming facility if it was passed over.The Pamunkey Tribe today presented Richmond with a casino plan that would cost 0 million. It comes from the Pamunkey Indian Tribe, which has already won the Norfolk casino rights. Add Bally’s Corporation to the list of casino operators interested in investing in Richmond, Va. the golden nugget casinoBetMGM is live in a dozen states — a number slated to grow significantly this year — and is proving adept at commanding strong market share in those regions.Pansy Ho Takes Some ProfitsWhile MGM stock is in rally mode, one well-known shareholder is capitalizing on that strength to reduce her holdings.A recent regulatory filing with the Hong Kong Stock Exchange confirms Pansy Ho, cochairperson of MGM China, sold one million shares of MGM Resorts equity earlier this month at an average price of .60, for gross proceeds of .6 million.Ho last pared her stake in the Mirage operator through two share sales in late 2019. The Virginia State Capitol building in Richmond is pictured. Yesterday, the newly formed corporate creation of the iconic casino brand presented the capital city with a 0 million build. is zynga poker down firekeepers casino no deposit bonusbellagio casino hoursThe capital city is mulling four casino bids. The tribe, which has no experience operating casinos, is building a 0 million casino there is a partnership with billionaire Jon Yarbrough. (Image: Wikimedia Commons)So far, Bally’s is the high bidder. BetMGM is live in a dozen states — a number slated to grow significantly this year — and is proving adept at commanding strong market share in those regions.Pansy Ho Takes Some ProfitsWhile MGM stock is in rally mode, one well-known shareholder is capitalizing on that strength to reduce her holdings.A recent regulatory filing with the Hong Kong Stock Exchange confirms Pansy Ho, cochairperson of MGM China, sold one million shares of MGM Resorts equity earlier this month at an average price of .60, for gross proceeds of .6 million.Ho last pared her stake in the Mirage operator through two share sales in late 2019. That’s a sign investors are willing to wager on increasing COVID-19 vaccinations and pent-up demand fostering a Sin City rebound in the back half of this year.MGM stock is highly levered to that theme because the company depends on the Strip for approximately half its earnings before interest, taxes, depreciation and amortization (EBITDA). “In addition, we note that capacity restrictions at the company’s regional properties have, for the most part, been eased, which should lead to stronger results in the first half of 2021.”The analyst also lauds the company’s efforts to grow the BetMGM iGamilucky tiger no deposit codeng/sports wagering unit and improvements in the MGM China business. download cashman casino slots restaurants near sunset station casino |