2025.11.05
downstream casino concertsSports betting soared, too, oddsmakers winning .Positives in the Locals MarketA key constituency for Red Rock is the group known as Las Vegas locals, or LVLs.4M — down 46.four winds casino job applicationThat’s after JPMorgan analyst Joseph Greff reiterated an “overweight” rating on the parent company of Station Casinos.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.boulder station casino poker room for doubledown casinotwin river casino busMonth — GGR — YoY % ChangeJuly — 7.Executives 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.When you die.seven feathers casino rv resortMostly Bul1 million, an eight percent year-over-year decline. don’t know how long this may last and cannot fully assess any lasting impacts on our business levels.black bear casino seating chart mgm grand casino wikiencore casino near meIt’s a scenario prompting the operator to keep four of its Southern Nevada venues, including Palms Las Vegas, shuttered until next June.5 million on a record handle of 3 million.“I know how difficult these circumstances are, especially during an already challenging, unprecedented year.(Image: Las Vegas Review-Journal)Joining some of his sell-side colleagues in doing so, Greff applauded management for a renewed focus on boosting margins in the coronavirus environment.Greff, the JPMorgan analyst, sees Red Rock as less dependent on employees from Strip casinos and benefiting from other regional trends.We like how RRR is managing the business (improvangel of the winds casino hoteled 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.casino table games in florida foxwoods casino booking |