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raging bull casino sign upMurphy understands there might be some pandemic fatigue, but says continued restrictions and the public’s abiding is critical in fighting the fall surge of new COVID-19 cases.At the onset of the pandemic, some analysts fretted about operators’ exposure to the LVL group, hypothesizing that mass furloughs and layoffs at Strip resorts would pinch companies like Red Rock dependent on the locals demographic.5M — down 15.resorts casino foodThat represents a 107 percent premium on October 2019.It’s a scenario prompting the operator to keep four of its Southern Nevada venues, including Palms Las Vegas, shuttered until next June.5 million last month.s casino no deposit bonus viejas casino yelpmohegan sun casino uncasvilleOctober’s total GGR was a little more than 8 million.That represents a 107 percent premium on October 2019.8 percentAugust — 9M — down 30.mohegan sun casino online paThat segment includes a variety of customers, spanning staffers from Strip casinos to well-heeled retirees that moved to Nevada to enjoy a lower cost of living in their golden years.“I know how difficult these circumstances are, especially during an already challenging, unprecedented year.Positives in the Locals MarketA key constituency for Red Rock is the group known as Las Vegas locals, or LVLs.borgata online casino sign in resorts casino lost and foundonline gambling njExecutives are taking a measured approached to those properties, noting that patrons that usually frequented those venues are making their way to other Red Rock casinos.During the pandemic, Borgata cut one in four jobs.We like how RRR is managing the business (improvblack oak casino 7 sistersed marketing efficiency, shifting from closed properties to open ones in an earnings before interest, taxes, depreciation and amortization (EBITDA) and margin accretive way) and focusing on converting a higher proportion of EBITDA into free cash flow, deploying this to reduce its balance sheet leverage,” said Greff in a note to clients.Land-based GGR came in at 6.“I know how difficult these circumstances are, especially during an already challenging, unprecedented year.October ImprovementAtlantic City casinos had their best month in terms of year-over-year comparison since being permitted to reopen in early July.hard rock casino restaurants tampa golden palace casino.com |