casino visorBut one analyst sees opportunity with the stock should management opt to return the company to its core competencies. The bad news is the pandemic will delay enhancements to Singapore’s gaming properties. The bad news is the pandemic will delay enhancements to Singapore’s gaming properties. hollywood casino amphitheatre sep 30We view the success of these properAquarium, golf courses, and a deep-yachting marina.(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. free casino slot games on facebook

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las atlantis sister casinoBut 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. In exchange for those commitments, authorities in the city-state will allow the companies to increase gaming space and exist as a duopoly until at least 2030.Sands recently said it’s moving ahead with expansion efforts in Macau and Singapore. 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. downstream casino spaShares 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. But one analyst sees opportunity with the stock should management opt to return the company to its core competencies. The bad news is the pandemic will delay enhancements to Singapore’s gaming properties. foxwoods online app

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golden nugget casino njVegas 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. In 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. But there is talk of a bubble with Malaysia that could start later this month. Any 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 infree online slots ladbrokesdustry’s hopes in Singapore is that the city-state’s borders remain mostly closed. For example, MBS has the Art and Science Museum, Sands SkyPark, and Observation Deck, among other attractions, while the Genting venue is home to Universal Studios Singapore and the S.E.A. That would be a positive for LVS and Genting, because, after Singapore, Malaysia is the second-largest feeder market for the city-state’s casinos.Expansions Are CriticalTan said Singapore is evaluating avenues for luring more corporate and leisure travelers to the country.Whether it is a broader range of business visitors or, for example, small groups of tightly controlled leisure visitors, all these are being considered and are on the table,” he said in the Bloomberg interview.Although gaming is obviously the bread and butter of any casino property, both MBS and Resorts World have some of the better non-gaming attractions in the industry. sunset station casino grand cafe