2025.09.11
chinook winds casino hotelsHard Rock boss Jim Allen says it will be a difficult recovery process for his company’s enterprises.Atlantic City ConcernsOne of the most volatile markets, Allen says, is Atlantic City.Currently, 42 states, plus DC and Puerto Rico, are urging people to avoid all nonessential travel.coushatta casino louisianaReopenings SlowAllen says his forecast of Hard Rock’s businesses taking a year or more to return to full health is based on evidence that the company is seeing overseas.ding and tourism habits, which could help LVS operations in the region quickly rebound as travel bans are lifted.Hard Rock opened its first hotel in China in 2017.black bear casino logo borgata casino online real moneyonline casino t(Image: Hard Rock International)Appearing on CNBC Wednesday, the chairman of the corporation owned by the Seminole Tribe of Florida said there will be no quick rebound for casinos, hotels, and restaurants.Atlantic City ConcernsOne of the most volatile markets, Allen says, is Atlantic City.On the conference call, Sands executives pointed out that Asia previously dealt with situations similar to the COVID-19 pandemic, including the severe acute respiratory syndrome (SARS) and Middle East respiratory syndrome (MERS) outbreaks earlier this century.cool cat casino no playthroughWhile those scenarios lead to near-term dips in gaming revenue, demand typically bounces back.Hard Rock International CEO Jim Allen says it will take a least a year for the company’s businesses to recover once they’re allowed to reopen.“We think it is safe to say there is no other company in gaming today presenting a level of financial security and flexibility on par with LVS,” said Wieczynski.coushatta casino check cashing chukchansi gold casinono deposit bonus codes chumba casinoThe Stifel analyst has a “buy” rating and price target on LVS stock, while JPMorgan’s Greff rates it “overweight” with a forecast.The property is located less than 20 miles north of Hong Kong.org.“We think it is safe to say there is no other company in gaming today presenting a level of financial security and flexibility on par with LVS,” said Wieczynski.“If you look at the Hard Rock Cafe in Times Square, a restaurant that does million in actual sales, that’s all tourism.History MattersAnalysts believe Asia’s past bouts with pandemics are relevant today for investors considering positions in LVS stock.borgata casino 12 digit promo code chumba casino taxes |