morongo casino loginIn an interview with Bloomberg, Singapore Tourism Board CEO Keith Tan said postponements caused by COVID-19 are “inevitable.”Singapore SlumpMBS and Resorts World Sentosa reopened on July 1 following a shutdown that lasted more than three months, crimping the city-state’s tourist-driven economy in the process.With the properties operational, Sands and Genting are still contending with various controls, including a 25 percent capacity limit and restrictions on who can gain entry to the integrated resorts. (Image: Las Vegas Review-Journal)Following a better-than-expected second-quarter earnings report delivered yesterday after the close of US markets, Red Rock executives were unable to give a definitive timeline as to when or if the Fiesta Henderson, Fiesta Rancho, Palms, and Texas Station will reopen, something that could be weighing on the stock today.In reiterating a “hold” rating on Red Rock stock, Stifel analyst Steven Wieczynski said that management could eschew the glitz and frivolities of many non-gaming amenities that are so vital to Las Vegas Strip operators, and focus more on pure gaming.Seems like management is starting to think about changing their operating strategy moving forward and going back to more of the old Station Casino model, which focused more on customers and pure gaming versus all the fancy non-gaming amenities,” Wieczynski said.None of the aforementioned venues are on the Strip. Shares of Red Rock Resorts (NASDAQ:RRR) are slumping today after the gaming operator revealed a murky outlook for four of its still closed Southern Nevada properties. slot machines at jamul casinoBut one analyst sees opportunity with the stock should management opt to return the company to its core competencies. Vegas Sands (LVS) and Genting Singapore, the owners of the two venues, previously pledged to spend a combined .27 billion to expand non-gaming attractions at the properties. But Station Casinos have exposure to Strip trends, which Wiecynski says could portend a “protracted cash flow recovery” relative to rival regional gaming companies.Strip ExposureConfounding operators with Strip exposure is that many travelers are reluctant to hop on planes to get to Las Vegas without a coronavirus vaccine. gold coast casino shows

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