2024.07.18
resorts casino atlantic city phone numberShares of Red Rock Resorts (NASDAQ:RRR) are soaring Wednesday, even after the operator posted first-quarter results that badly missed estimates. With rival operators slated to slowly reopen venues and many jobs expected to be lost for good, Red Rock could encounter near-term headwinds.“In the end, given our expectation for the Strip, and Las Vegas more broadly, to prove a laggard in the COVID-19 recovery process, we believe investors will have the opportunity to remain patient with RRR shares,” said the Stifel analyst.But there’s no word from the governor’s office as to when they might be permitted to reopen. poker table for rentThe way we’re evaluating the foreclosed properties, is we felt that we took a very hard look at how much of our customer database we can cover in Phase 1, and be most efficient as possible to generate as much revenue as possible. Second, a core constituency for Red Rock’s local venues are employees of other Strip casinos. “That is a rumor. 2 kings casino table games sunset station casino twitterborgata casino newsg for South Jersey’s future.”Shops along the Atlantic City Boardwalk remain closed, but casinos hope to soon reopen. But investors are embracing comments from Red Rock CEO Frank Fertitta that the company isn’t interested in selling the Palms on the Las Vegas Strip.First, we can dispel the rumors that the Palms is for sale,” he said on a conference call. free casino slot games for ipadThe state reported 1,055 new COVthunder valley casino hotel phone numberID-19 tests this week, bringing the Garden State total to 149,013.Senator WorriedCompared to other governors, some say, Murphy has been slow to ease restrictions. That indicates investors are focusing on comments from management confirming that the Palms isn’t for sale. The way we’re evaluating the foreclosed properties, is we felt that we took a very hard look at how much of our customer database we can cover in Phase 1, and be most efficient as possible to generate as much revenue as possible. blackjack star casino online slots real money nyfanduel casino near meBut the governor said last week that the stateBut 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. (Image: Matt Rourke/AP)Hard Rock Atlantic City is accepting room reservations for arrivals beginning May 28. 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. Golden Nugget and Ocean Casino have their earliest date as June 15.MGM Resorts’ Borgata, the casino that pulls in more money than any other Atlantic City property, is delaying reservations until July 1.All nine casinos in Atlantic City have been closed since March 16, when New Jersey Gov. Analysts expected a loss of just a penny a share on turnover of 3.43 million. twin river casino cruise giveaway 2020 fanduel casino referral |