2025.11.10
black oak casino weatherShares of Twin River Worldwide Holdings (NYSE:TRWH) are trading modestly higher Thursday even after the operator of Rhode Island’s two casinos reported first-quarter results that badly missed analyst estimates.Twin River gets a positive nod from Wall Street as it nears reopening of some of its important casinos.Inching Toward ReopeningLike other regional gaming companies, TRWH operates venues in multiple states and is contending with several reopening plans in the wake of the coronavirus.hallmark casino mobiWhen closure orders hit the gaming industry in March, TRWH was among the first companies to raise cash and tap credit revolvers in preparation for a potentially lengthy zero-revenue climate.Out of Woods?DeCree, the Union Gaming analyst, believes the company’s Hard Rock Casino in Biloxi, Miss.slot machine casino near stockton ca valley forge casino menuonline casino hostBut the casinos shut down in an effort to help slow the spread of COVID-19.TRWH has plenty of liquidity, a moderate burn rate, an M&A growth pipeline that is already funded, and is on the cusp of reopening its key assets.” They include using plexiglass dividers approved by public health officials, but only if State Police sign off on them not interfering with established security and surveillance protocols.888 live casino not workingAll guests entering the casino will be handed a COVID-19 checklist of symptoms.DeCree, the Union Gaming analyst, believes the company’s Hard Rock Casino in Biloxi, Miss.The company still owns all of its real estate and will likely continue to be a consolidator of gaming assets in the near to medium term,” said Union Gaming analyst John DeCree in a note to clients today.does turtle lake casino have craps lake tahoe casino hotel packagesonline casino real money playBut the casinos shut down in an effort to help slow the spread of COVID-19.The LGCB is also encouraging casinos to implement additional safeguards in “the spirit of the CDC social distancing guidelines.With losses permeating the domestic gaming industry due to temporary venue closures tadmiral casino loginhat started in mid-March and linger to this day, analysts are at peace with TRWH’s results and are looking ahead, not back.Mohegan Sun workers are cleaning and sanitizing slot machines, but the Connecticut casino will remain closed for at least another week and a half.The analyst reiterated a “buy” rating on the owner of the Twin River and Tiverton casinos.Inching Toward ReopeningLike other regional gaming companies, TRWH operates venues in multiple states and is contending with several reopening plans in the wake of the coronavirus.clearwater casino event center when was peppermill casino built |