2024.07.18
caesar casino las vegasBut 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. Shares of Red Rock Resorts (NASDAQ:RRR) are soaring Wednesday, even after the operator posted first-quarter results that badly missed estimates. The state reported 1,055 new COVis the little river casino openID-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. harrah s cherokee casino murphySeveral Atlantic City casinos are again taking hotel reservations. “That is a rumor. 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. firekeepers casino tribe holdem poker winning handswhere is the nearest casino near meBut 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. “On the other hand, we believe the company’s direct and indirect exposure to the Las Vegas Strip could lead to a protracted operating cash flow recovery, as compared to its regional operator peers.”Red Rock is the parent company of Station Casinos. But there’s no word from the governor’s office as to when they might be permitted to reopen. sycuan casino resort(Image: Las Vegas Review-Journal)The company said it lost .18 a share on revenue of 7.39 in the January through March period. Second, a core constituency for Red Rock’s local venues are employees of other Strip casinos. g for South Jersey’s future.”free entry online poker tournaments bicycle casino hotel phone numbercasino yakuza like a dragonThose 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. 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. Analysts expected a loss of just a penny a share on turnover of 3.43 million. This week, he allowed batting cages, golf driving ranges, horseback riding centers, tennis clubs, shooting ranges, and community gardens to reopen.There’s no word as to when casino gambling might be permitted to resume. (Image: Las Vegas Review-Journal)The company said it lost .18 a share on revenue of 7.39 in the January through March period. Second, a core constituency for Red Rock’s local venues are employees of other Strip casinos. royal ace casino promo codes 2021 paragon casino blackjack |