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golden nugget casino hotelBut one analyst sees opportunity with the stock should management opt to return the company to its core competencies. (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. star casino gold coast easter 2021Shares 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. That prompted some operators to say demand from vital Las Vegas drive-in markets is declining.As Wieczynski notes, although Red Rock doesn’t operate Strip venues, the company is levered to the strength of that area.“From a direct perspective, we are keenly focused on the company’s hybrid properties, led by the Palms. But one analyst sees opportunity with the stock should management opt to return the company to its core competencies. wild horse pab casino new years eve party free casino slots no downloadmountaineer casino horse racingAny locals hoping to enter the gaming properties must be annual levy holders and members of the Sands or Resorts World customer loyalty programs.Further weighing on the travel and leisure inbig fish casino emaildustry’s hopes in Singapore is that the city-state’s borders remain mostly closed. With the fate of the Palms still undecided, investors big fish casino emailneed to be patient with Red Rock Resorts, says an analyst. 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. quickie boost raging bull casinoWe view the success of these properEven under the rosiest of assumptions, that scenario is unlikely to change until at least early to mid-2021.Making matters tougher for the Sin City recovery trajectory is that followbig fish casino emailing initial signs of pent-up demand during the early June reopening period, a second wave of COVID-19 cases hit California and Arizona. We view the success of these properblack bear casino table games is firekeepers casino requiring masksaliante casino and hotel las vegas nevadaEven under the rosiest of assumptions, that scenario is unlikely to change until at least early to mid-2021.Making matters tougher for the Sin City recovery trajectory is that followbig fish casino emailing initial signs of pent-up demand during the early June reopening period, a second wave of COVID-19 cases hit California and Arizona. But there is talk of a bubble with Malaysia that could start later this month. Even under the rosiest of assumptions, that scenario is unlikely to change until at least early to mid-2021.Making matters tougher for the Sin City recovery trajectory is that followbig fish casino emailing initial signs of pent-up demand during the early June reopening period, a second wave of COVID-19 cases hit California and Arizona. But one analyst sees opportunity with the stock should management opt to return the company to its core competencies. That prompted some operators to say demand from vital Las Vegas drive-in markets is declining.As Wieczynski notes, although Red Rock doesn’t operate Strip venues, the company is levered to the strength of that area.“From a direct perspective, we are keenly focused on the company’s hybrid properties, led by the Palms. 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. harrah s cherokee casino payouts online casino no deposit bonus keep what you win uk |