2024.07.17
kansas star casino hotel restaurantBut there’s no word from the governor’s office as to when they might be permitted to reopen. Shares of Red Rock Resorts (NASDAQ:RRR) are soaring Wednesday, even after the operator posted first-quarter results that badly missed estimates. Tropicana, Caesars, Harrah’s, Bally’s, and Resorts are taking bookings for stays starting on June 7. blackjack online youtube(Image: Las Vegas Review-Journal)The company said it lost .18 a share on revenue of 7.39 in the January through March period. Analysts expected a loss of just a penny a share on turnover of 3.43 million. That indicates investors are focusing on comments from management confirming that the Palms isn’t for sale. live casino video slots hollywood casino poker roomeldorado online casino(Image: Las Vegas Review-Journal)The company said it lost .18 a share on revenue of 7.39 in the January through March period. Analysts expected a loss of just a penny a share on turnover of 3.43 million. 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. island view casino sports bettingHe’s gradually announced reopening of businesses day-by-day. Phil Murphy (D) ordered them to suspend operations. “That is a rumor. cache creek casino free bus island view casino golf packagessilver oak casino downloadHe’s gradually announced reopening of businesses day-by-day. Phil Murphy (D) ordered them to suspend operations. But 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. Red Rock Resorts CEO Frank Ferttita (left), seen here with brother Lorenzo, says the company won’t sell the Palms. 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. Second, a core constituency for Red Rock’s local venues are employees of other Strip casinos. black oak casino yelp is chinook winds open today |