paragon casino general managerAs of Dec. (Image: Press of Atlantic City)Earlier Thursday, the Rhode Island-based gaming company said it earned 61 cents a share on sales of 8.1 million in the fourth quarter. The company missed fourth-quarter sales estimates, but it’s optimistic on 2021. red stag casino sign in31, Bally’s has 3.4 million in cash on hand and access to a 5 million credit revolver. But the operator joins rivals in signaling some optimism for 2021.Though fourth quarter results were impacted by various regional capacity and health limitations, most notably in Rhode Island, we expect to benefit from a strong rebound in demand across our properties, as well as the operational efficiencies and strong margin improvements that we have seen as a continuing trend since re-opening from the pandemic,” said CEO George Papanier in a statement.Adding to that encouraging commentary, Papanier pointed to “preliminary results show markedly stronger consumer demand in January and February.”The gaming company didn’t offer up specific financial forecasts for the current quarter or 2021. None of the operator’s debt matures before 2024.Talking DealsBally’s is one of the most acquisitive companies in the gaming industry, and it lived up to that billing in the fourth quarter. clearwater casino hotel deals

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