2024.07.18
sycuan casino directionsBloustein School of Planning and Public Policy noted the concentration concerns are relevant and that Atlantic City faces increasing competition from othe(Image: USA Today)The Palms operator’s recent gains validate intrepid investors’ thesis that the stock looked appealing around its third-quarter nadir. Hard Rock Atlantic City is doing well, but CEO Jim Allen isn’t pleased with the overall market. boulder station casino phone numberIn a recent interview with Global Gaming Business (GGB), Allen expressed dismay that the city hasn’t done more, given Hard Rock’s level of investment on the Boardwalk.Candidly, we’re disappointed with Atlantic City,” said Allen in the interview. In the third quarter, the nine operators in that market posted gross operating profits (GOP) of 9.4 million, a 12.5 percent year-over-year increase.Too CrowdedAllen isn’t the first CEO of a company operating in Atlantic City to complain about the market. Hard Rock International CEO Jim Allen has a bone to pick with Atlantic City, N.J., the East Coast gaming hub and home to one of his company’s properties. mychoice casino promo bellagio casino spaflaming 7 s free slotsIn a recent interview with Global Gaming Business (GGB), Allen expressed dismay that the city hasn’t done more, given Hard Rock’s level of investment on the Boardwalk.Candidly, we’re disappointed with Atlantic City,” said Allen in the interview. (Image: USA Today)The Palms operator’s recent gains validate intrepid investors’ thesis that the stock looked appealing around its third-quarter nadir. Earlier this year, Golden Nugget CEO Tilman Fertitta said the Boardwalk isn’t a nine-casino area, and that the region is currently too saturated with gaming properties. scarlet pearl casino resort d iberville mibibippi“There’s no other way to say it.”Allen said Hard Rock is second in terms of gross gaming revenue (GGR) on the Boardwalk, saying the company has made a “major statement” in New Jersey. Earlier this year, Golden Nugget CEO Tilman Fertitta said the Boardwalk isn’t a nine-casino area, and that the region is currently too saturated with gaming properties. (Image: USA Today)The Palms operator’s recent gains validate intrepid investors’ thesis that the stock looked appealing around its third-quarter nadir. does draftkings have a casino caesar casino johannesburgonline casino visa depositHard Rock International CEO Jim Allen has a bone to pick with Atlantic City, N.J., the East Coast gaming hub and home to one of his company’s properties. (NASDAQ:RRR) is cobbling together some momentum. The property was acquired from billionaire financier Carl Icahn. Long Pond Capital was next at .2 million.Notable TargetDuring the third quarter, new hedge fund buyers of Red Rock Resorts equity included Zimmer Partners, Steve Cohen’s Point72 Asset Management, Centenus Global Management, Weld Capital Management and Neo Ivy Capital.Those investments could be further rewarded if sell-side analysts move their price forecasts on the stock higher, which they could be prompted to do over the near-term. The property was acquired from billionaire financier Carl Icahn. In a recent interview with Global Gaming Business (GGB), Allen expressed dismay that the city hasn’t done more, given Hard Rock’s level of investment on the Boardwalk.Candidly, we’re disappointed with Atlantic City,” said Allen in the interview. firekeepers casino credit hollywood casino rewards |