www borgata casino atlantic cityCaesars said operating income at its destination casinos slid 75 percent to 85 percent, while revenue dipped 48 percent to 50 percent on a hold basis. Caesars and Eldorado say regional casinos are performing well. Caesars and Eldorado say regional casinos are performing well. riverwind casino crab legsCaesars said operating income at its destination casinos slid 75 percent to 85 percent, while revenue dipped 48 percent to 50 percent on a hold basis. The same sentiment is being articulated by Eldorado Resorts (NASDAQ:ERI), the company that’s closing in on a .3 billion takeover of the Caesars Palace operator. For Caesars, that includes 19 venues — nine of which are deemed to be in “destination” markets. boomtown casino is it open

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mgm grand casino chips the Quapaw Tribe of Oklahoma and its Downstream Development Authority.Pope’s BlessingArkansans voted 54-46 percent in favor of bringing full-scale commercial gambling to the state. The same sentiment is being articulated by Eldorado Resorts (NASDAQ:ERI), the company that’s closing in on a .3 billion takeover of the Caesars Palace operator. Those are defined as the operator’s properties in Nevada and Harrah’s New Orleans.Revenues for the reopened Regional properties for the period they were operating in May and/or June through June 30,palace station casino floor plan 2020 increased approximately 9% to 11% compared to the prior year period. Caesars Entertainment (NASDAQ:CZR) says its regional properties continue performing well following recent reopenings, but its gaming venues in destination markets, such as Las Vegas, are struggling. But destination venues, such as Caesars Palace, are scuffling. That jibes with a mid-June update provide by Caesars underscoring strength in markets such as Louisiana, Mississippi, and Missouri, and sluggishness in Las Vegas.Destination DisappointmentCaesars added adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) at regional venues that were open through June 30 jumped 75 percent to 85 percent on a year-over-year basis as margins surged.As more domestic gaming properties come back online following the coronavirus shutdown, analysts are bullish on operators with regional portfolios, because it’s easier to cut costs and reduce amenities at those venues, thereby driving margin expansion.Unfortunately, that doesn’t obfuscate weakness in markets like Las Vegas. 9club live casino www.indaxis.com