2025.12.14
las vegas table games casino warPenn National Gaming (NASDAQ:PENN) told investors late Tuesday third-quarter earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) and revenue will easily top estimates.Penn operates 41 gaming properties across 19 states, including the M Resort and Tropicana in Las Vegas, the latter of which recently reopened.One of the reasons analysts are fond of Penn National stock is the company’s deep portfolio of regional venues, meaning reduced dependence on Sin City as a driver of top and bottom line growth.slot up casinoWe are extremely pleased with the operating performance of our properties this quarter, despite continued occupancy restrictions,” said CEO Jay Snowden in a statement.”Following the June reopening of Nevada gaming venues, Strip occupancy rates labor around 30 percent during the week, and 50 percent on the weekends.Penn operates 41 gaming properties across 19 states, including the M Resort and Tropicana in Las Vegas, the latter of which recently reopened.big fish casino settlement update slot machines 100 free spinsmorongo casino concerts”Rebound Will Take AwhileIn the domestic gaming industry, the bulk of the poshest integrated resorts are located in Las Vegas.Vaccine HopesIn the eyes of many analysts, Sin City’s recovery trajectory is intimately tied to the development of a COVID-19 vaccine.Las Vegas operators are doing what they can to get visitors back to the Strip.cashman casino lawsuit(Image: CNBC)In an investor presentation, the operator of Hollywood casinos, among others, forecast EBITDAR of 0 million to 0 million for the current quarter, crushing the Wall Street consensus estimate of 4 million.Barstool Sportsbook debuted in Pennsylvania last week, trouncing app download marksHotel occupancy bounced back in recent months after bottoming in April, and revenue per available room (RevPAR) is in line with our forecast,” said the ratings agency.island resort and casino job application foxwoods resort casino reviewsslot seven casinoThat jibes with expectations that Sin City’s rebound from the coronavirus pandemic could be extended well into 2022, or even 2023.Hotel occupancy bounced back in recent months after bottoming in April, and revenue per available room (RevPAR) is in line with our forecast,” said the ratings agency.Vaccine HopesIn the eyes of many analysts, Sin City’s recovery trajectory is intimately tied to the development of a COVID-19 vaccine.That’s because businesses are apprehensive about booking conventions, and leisure travelers are skittish aslots 7 casino free spinsbout boarding planes until a virus treatment comes to market.01 billion.14 billion, ahead of the average analyst forecasting of .seminole casino line of credit brian christopher free slots |