ellis island resort and casinoThe ballot amendment earmarked one casino license each for Pope and Jefferson counties and allowed the state’s two racinos — Oaklawn and Southland — to transition into casinos with slot machines and table games.Nearly two years since the vote, the legal courtroom drama continues for the lone casino license in Pope. The same sentiment is being articulated by Eldorado Resorts (NASDAQ:ERI), the company that’s closing in on a .3 billion takeover of the Caesars Palace operator. Caesars and Eldorado say regional casinos are performing well. hard rock casino lake tahoe reviewsConvState attorneys advised the commission to remove itself from the matter, and Arkansas Attorney General Leslie Rutledge’s office is now intervening.Petition DeniedIn related Arkansas casino news, this week the state secretary’s office rejected nearly 100,000 signatures submitted by a campsam s town casino hotel tunica mibibippiaign seeking to legalize as many as 16 new commercial casinos.Arkansas Wins 2020 says it has been notified by the secretary’s office that the signatures were rejected based on “allegedly failing to certify that canvassers had passed two separate background checks.”The campaign says it’s filing a Petition for Review with the Arkansas Supreme Court “to address what we believe is an erroneous declaration of insufficiency,” said campaign spokesman Taylor Riddle.For Caesars, that includes 19 venues — nine of which are deemed to be in “destination” markets. bovada casino blackjack

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harrah s casino hotel phone numberTwo qualified applicants now remain — Legends and Gulfside Casino Partnership.Deciding which of the two Pope County casino bids would move was supposed to be a rather simple process. The ballot amendment earmarked one casino license each for Pope and Jefferson counties and allowed the state’s two racinos — Oaklawn and Southland — to transition into casinos with slot machines and table games.Nearly two years since the vote, the legal courtroom drama continues for the lone casino license in Pope. Caesars and Eldorado say regional casinos are performing well. jeux caesar casino gratuitThe project with the highest tally was to receive the gaming license.However, the Commission found bias in Commissioner Butch Rice’s grading of Gulfside a perfect 100, while awarding the Legends plan only 29 points. That jibes with a mid-June update provide by Caesars underscoring strength in markets such as Louisiana, Mississippi, and Missouri, and sluggishness in Las Vegas.Destination DisappointmentCaesars added adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) at regional venues that were open through June 30 jumped 75 percent to 85 percent on a year-over-year basis as margins surged.As more domestic gaming properties come back online following the coronavirus shutdown, analysts are bullish on operators with regional portfolios, because it’s easier to cut costs and reduce amenities at those venues, thereby driving margin expansion.Unfortunately, that doesn’t obfuscate weakness in markets like Las Vegas. Two qualified applicants now remain — Legends and Gulfside Casino Partnership.Deciding which of the two Pope County casino bids would move was supposed to be a rather simple process. live blackjack casino usa

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nearest casino in emporiaChange in hold did not have a meaningful effect on this increase,” according to the Caesars 8-K.Operating income for the properties in Caesars regional portfolio that were operational through June 30 surged 125 percent to 135 percent, said the company. The ballot amendment earmarked one casino license each for Pope and Jefferson counties and allowed the state’s two racinos — Oaklawn and Southland — to transition into casinos with slot machines and table games.Nearly two years since the vote, the legal courtroom drama continues for the lone casino license in Pope. At Caesars’ reopened Nevada properties and Harrah’s New Orleans, adjusted EBITDA on a hold basis plunged 55 percent to 65 percent last month.The operator reopened eight Silver State venues, including four in Sin City, and Harrah’s New Orleans at various points throusam s town casino hotel tunica mibibippighout June.Similar Trends for EldoradoEldorado — which is beloved by Wall Street due in part to its strong ex-Nevada portfolio — experienced similar destination/regional trends in June. Conv the Quapaw Tribe of Oklahoma and its Downstream Development Authority.Pope’s BlessingArkansans voted 54-46 percent in favor of bringing full-scale commercial gambling to the state. Seventeen of the company’s gaming venues were operational last month with three, Eldorado Reno, Silver Legacy Reno, and Circus Circus Reno, defined as destination properties.The company said revenue at three Reno casinos slipped approximately 42 percent, triggering a roughly 29 percent EBITDA drop. map of cache creek casino