2024.07.18
draftkings at the casino queenThat 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. Shares 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. For example, MBS has the Art and Science Museum, Sands SkyPark, and Observation Deck, among other attractions, while the Genting venue is home to Universal Studios Singapore and the S.E.A. seminole casino foodWe view the success of these properEven under the rosiest of assumptions, that scenario is unlikely to change until at least early to mid-2021.Making matters tougher for the Sin City recovery trajectory is that followchumba casino cheatsing initial signs of pent-up demand during the early June reopening period, a second wave of COVID-19 cases hit California and Arizona. But there is talk of a bubble with Malaysia that could start later this month. jamul casino promotion royal ace casino unsubscribesam s town casino foodFor example, MBS has the Art and Science Museum, Sands SkyPark, and Observation Deck, among other attractions, while the Genting venue is home to Universal Studios Singapore and the S.E.A. Even under the rosiest of assumptions, that scenario is unlikely to change until at least early to mid-2021.Making matters tougher for the Sin City recovery trajectory is that followchumba casino cheatsing initial signs of pent-up demand during the early June reopening period, a second wave of COVID-19 cases hit California and Arizona. 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. winstar world casino event centerWe view the success of these properShares 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. But there is talk of a bubble with Malaysia that could start later this month. pechanga casino temecula d casino hotel roomsblackjack online couponsThat 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. (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. Those two markets combine for about 85 percent of the company’s annual revenue in a normal operating climate. (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. Shares 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. But one analyst sees opportunity with the stock should management opt to return the company to its core competencies. little river casino concert seating chart island resort and casino bingo |