2024.07.19
is bellagio open(Image: Patrick Connolly/Las Vegas Review-Journal)Earlier this month, new parent company JC Hospitality and partner Virgin Hotels announced that the 1,500-room property would fully cease operations for an expected eight months to renovate and re-brand the resort as Virgin Hotels Las Vegas. (TRWH) said its Tiverton Casino in the Rhode Island town of the same name has won permission from the municipality to remain open 24 hours per day. Now, the ownership group is extending an offer to employees who vow to return when it reopens, which is slated for January 2021.In a release, JC Hospitality CEOslot box casinoNow, the ownership group is extending an offer to employees who vow to return when it reopens, which is slated for January 2021.In a release, JC Hospitality CEOEarlier this month, the company announced layoffs at its flagship Ocean State property, the Twin River in Lincoln, R.I., because of slow traffic following the late June opening of Wynn’s Encore Boston Harbor.At that Rhode Island property, slot and table revenue tumbled 17 percent and 34 percent, respectively, in the second quarter, according to the company, despite Encore Boston Harbor being open for just eight days in the April through June period.Performance has been steadier at Tiverton even in the wake of the new Boston-area competition. Earlier this month, the company announced layoffs at its flagship Ocean State property, the Twin River in Lincoln, R.I., because of slow traffic following the late June opening of Wynn’s Encore Boston Harbor.At that Rhode Island property, slot and table revenue tumbled 17 percent and 34 percent, respectively, in the second quarter, according to the company, despite Encore Boston Harbor being open for just eight days in the April through June period.Performance has been steadier at Tiverton even in the wake of the new Boston-area competition. call pechanga casino riverwind casino jobs norman oklahomaroulette casino online betting(Image: Patrick Connolly/Las Vegas Review-Journal)Earlier this month, new parent company JC Hospitality and partner Virgin Hotels announced that the 1,500-room property would fully cease operations for an expected eight months to renovate and re-brand the resort as Virgin Hotels Las Vegas. Now, the ownership group is extending an offer to employees who vow to return when it reopens, which is slated for January 2021.In a release, JC Hospitality CEOSome are supporting the 24-hour permit for the venue because some local taxes have declined thanks to the new revenue stream.Tiverton Casino will reportedly generate at least million in tax revenue annually for the town. encore casino red 8But the town recently held a public hearing to consider allowing the venue to remain open all day, every day, and no one objected twild horse pab casino websiteo the idea. Tiverton Casino will keep its doors open 24 hours a day. Casino.org reached out to the company for comment, but it did not respond immediately to messages.Rising CompetitionAmid increasing competition in the New England gaming market, Twin River is looking for any advantages it can get for its Rhode Island casinos. doubledown casino in chrome running aces casino jobsdownstream casino free play 2020Now, the ownership group is extending an offer to employees who vow to return when it reopens, which is slated for January 2021.In a release, JC Hospitality CEOHe has an “outperform” rating and price forecast on the stock, implying upside of almost 64 percent from Wednesday’s close.“Investors do remain hesitant around the current leverage but a strong 2H19 and debt pay down in full swing could support shares going forward,” said the analyst.(Image: WBSM)Tiverton, one of two Ocean State gaming properties managed by Twin River, was operating as a 24-hour venue on a temporary basis. While residents were initially divided over the idea of a gaming property there, sentiment has leaned toward the venue. Tiverton Casino will keep its doors open 24 hours a day. Twin River Worldwide Holdings, Inc. royal ace casino spam seminole casino slot machines |