2024.07.19
las atlantis casino no deposit bonus codes december 2020The bulk of travel currently allowed is for business and official government purposes. (Image: Las Vegas Review-Journal)Following a better-than-expected second-quarter earnings report delivered yesterday after the close of US markets, Red Rock executives were unable to give a definitive timeline as to when or if the Fiesta Henderson, Fiesta Rancho, Palms, and Texas Station will reopen, something that could be weighing on the stock today.In reiterating a “hold” rating on Red Rock stock, Stifel analyst Steven Wieczynski said that management could eschew the glitz and frivolities of many non-gaming amenities that are so vital to Las Vegas Strip operators, and focus more on pure gaming.Seems like management is starting to think about changing their operating strategy moving forward and going back to more of the old Station Casino model, which focused more on customers and pure gaming versus all the fancy non-gaming amenities,” Wieczynski said.None of the aforementioned venues are on the Strip. But Station Casinos have exposure to Strip trends, which Wiecynski says could portend a “protracted cash flow recovery” relative to rival regional gaming companies.Strip ExposureConfounding operators with Strip exposure is that many travelers are reluctant to hop on planes to get to Las Vegas without a coronavirus vaccine. chinook winds casino winnersThat would be a positive for LVS and Genting, because, after Singapore, Malaysia is the second-largest feeder market for the city-state’s casinos.Expansions Are CriticalTan said Singapore is evaluating avenues for luring more corporate and leisure travelers to the country.Whether it is a broader range of business visitors or, for example, small groups of tightly controlled leisure visitors, all these are being considered and are on the table,” he said in the Bloomberg interview.Although gaming is obviously the bread and butter of any casino property, both MBS and Resorts World have some of the better non-gaming attractions in the industry. But Station Casinos have exposure to Strip trends, which Wiecynski says could portend a “protracted cash flow recovery” relative to rival regional gaming companies.Strip ExposureConfounding operators with Strip exposure is that many travelers are reluctant to hop on planes to get to Las Vegas without a coronavirus vaccine. Vegas Sands (LVS) and Genting Singapore, the owners of the two venues, previously pledged to spend a combined .27 billion to expand non-gaming attractions at the properties. cliff castle casino hotel camp verde arizona riverwind casino oklahoma city oklahomablack bear casino win lob statementShares of Red Rock Resorts (NASDAQ:RRR) are slumping today after the gaming operator revealed a murky outlook for four of its still closed Southern Nevada properties. Those two markets combine for about 85 percent of the company’s annual revenue in a normal operating climate. That prompted some operators to say demand from vital Las Vegas drive-in markets is declining.As Wieczynski notes, although Red Rock doesn’t operate Strip venues, the company is levered to the strength of that area.“From a direct perspective, we are keenly focused on the company’s hybrid properties, led by the Palms. harrah s casino vegas strip(Image: Las Vegas Review-Journal)Following a better-than-expected second-quarter earnings report delivered yesterday after the close of US markets, Red Rock executives were unable to give a definitive timeline as to when or if the Fiesta Henderson, Fiesta Rancho, Palms, and Texas Station will reopen, something that could be weighing on the stock today.In reiterating a “hold” rating on Red Rock stock, Stifel analyst Steven Wieczynski said that management could eschew the glitz and frivolities of many non-gaming amenities that are so vital to Las Vegas Strip operators, and focus more on pure gaming.Seems like management is starting to think about changing their operating strategy moving forward and going back to more of the old Station Casino model, which focused more on customers and pure gaming versus all the fancy non-gaming amenities,” Wieczynski said.None of the aforementioned venues are on the Strip. Vegas Sands (LVS) and Genting Singapore, the owners of the two venues, previously pledged to spend a combined .27 billion to expand non-gaming attractions at the properties. The bad news is the pandemic will delay enhancements to Singapore’s gaming properties. running aces casino directions admiral casino online chatlas atlantis casino ndbAquarium, golf courses, and a deep-yachting marina.LVS said it has the financial resources to pursue Asia-Pacific investments and survive 18 months or longer in a zero-revenue environment.That’s the good news. The bulk of travel currently allowed is for business and official government purposes. We view the success of these properVegas Sands (LVS) and Genting Singapore, the owners of the two venues, previously pledged to spend a combined .27 billion to expand non-gaming attractions at the properties. The bulk of travel currently allowed is for business and official government purposes. black hawk first casino seven feathers casino rooms |