2024.07.18
live casino in baltimore md(Image: Las Vegas Review-Journal)The company said it lost .18 a share on revenue of 7.39 in the January through March period. But analysts reiterate the view that regional markets and casinos targeting locals will rebound faster than destination cities such as Las Vegas.On the conference call, Fertitta acknowledged, “The tourist part of the recovery is going to lag.” Stifel analyst Steven Wieczynski, who has a “hold” rating on the stock, said he has “mixed emotions” about the name.“We expect the company’s market-leading Las Vegas Locals assets to prove relatively resilient as COVID-19 headwinds subside,” said the analyst. Those properties include Boulder Station, Green Valley Ranch Resort, Palace Station, Red Rock Resort, Santa Fe, Sunset Station – most of which target Las Vegas locals.Fertitta said the plan is to reopen the Palms, but that will be dependent on demand the operator sees at its other venues.Levered to the StripWieczynski notes Red Rock’s exposure to the Strip is twofold. free online poker illinois“On the other hand, we believe the company’s direct and indirect exposure to the Las Vegas Strip could lead to a protracted operating cash flow recovery, as compared to its regional operator peers.”Red Rock is the parent company of Station Casinos. (Image: Las Vegas Review-Journal)The company said it lost .18 a share on revenue of 7.39 in the January through March period. Shares of Red Rock Resorts (NASDAQ:RRR) are soaring Wednesday, even after the operator posted first-quarter results that badly missed estimates. chumba casino rewards royal ace casino askgamblersnugget casino reno nevadaThis week, he allowed batting cages, golf driving ranges, horseback riding centers, tennis clubs, shooting ranges, and community gardens to reopen.There’s no word as to when casino gambling might be permitted to resume. g for South Jersey’s future.”(Image: Las Vegas Review-Journal)The company said it lost .18 a share on revenue of 7.39 in the January through March period. seneca niagara casino employee loginFirst, there’s the obvious need for business and tourism glendale az desert diamond casinotravel to recover to stoke demand to compel the operator to reopen the Palms. “That is a rumor. g for South Jersey’s future.”river spirit casino jobs salary online casino in usaextreme 7 casino“That is a rumor. The year-over-year numbers may not be comparable because Red Rock took a million charge in the quarter related to paying staff in April while gaming properties were shuttered because of the coronavirus.Glum first-quarter results are a prominent theme in the gaming industry this year. Those properties include Boulder Station, Green Valley Ranch Resort, Palace Station, Red Rock Resort, Santa Fe, Sunset Station – most of which target Las Vegas locals.Fertitta said the plan is to reopen the Palms, but that will be dependent on demand the operator sees at its other venues.Levered to the StripWieczynski notes Red Rock’s exposure to the Strip is twofold. Tropicana, Caesars, Harrah’s, Bally’s, and Resorts are taking bookings for stays starting on June 7. “That is a rumor. Second, a core constituency for Red Rock’s local venues are employees of other Strip casinos. aliante casino las vegas restaurants mgm grand casino in maryland |