hard rock casino sioux city5M — down 15.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.mgm grand casino dreb code“We come away impressed with RRR’s resolve in maximizing free cash flow at its simple business model, a focus on one major gaming market, the LV Locals, whose economic underpinnings are driven by population growth and less dependency on the health of the LV Strip versus 12 to 15 years ago, when the correlation was relatively high,” he said.That represents a 107 percent premium on October 2019.Red Rock Resorts (NASDAQ:RRR) is one of the today’s best-performing gaming stocks, surging more than six percent.firekeepers casino buffet

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coushatta casino loginDuring the pandemic, Borgata cut one in four jobs.Positives in the Locals MarketA key constituency for Red Rock is the group known as Las Vegas locals, or LVLs.1 million, an eight percent year-over-year decline.hollywood casino kansas city moMonth — GGR — YoY % ChangeJuly — 7.That’s after JPMorgan analyst Joseph Greff reiterated an “overweight” rating on the parent company of Station Casinos.During the pandemic, Borgata cut one in four jobs.mohegan sun casino in atlantic city

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lucky creek casino free bonus codes5 percentSeptember — 190.Greff, the JPMorgan analyst, sees Red Rock as less dependent on employees from Strip casinos and benefiting from other regional trends.Prior to today’s announcement, the MGM property had eliminated 2,359 positions.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.Red Rock Resorts (NASDAQ:RRR) is one of the today’s best-performing gaming stocks, surging more than six percent.5 million last month.clearwater casino bar