Live Casino Benefits erson, Fiesta Rancho, Palms, and Texas Station are slated to remain shuttered until June 30, 2021, and Red Rock executives say they don’t know if or when those properties will reopen. santa ana casino hr Still Bullish While the future of that quartet is murky, Wieczynski is enthusiastic about Red Rock’s prospects, noting 2022 EBITDA in Las Vegas should exceed the 2019 mark by a healthy margin. thunder valley casino employment benefits Roulette Casino Probability Waki The analyst increased his 2021 EBITDA forecast on Red Rock to 9 million from 3 million, while lifting his 2022 projection to 1 million to 9 million, citing improving fundamentals in the LVL segment. twin river casino drawing There’s something to that thesis, because Station casinos are less reliant on business travel and tourists arriving from outside Nevada than are competing Strip venues. “Looking past the current subdued operating environment, we continue to believe the LVL market should boast some of the most attractive fundamentals in all of regional gaming when the world returns to normal,” said Wieczynski.

Factors that were at play prior to the COVID-19 pandemic, including increasing diversity in Southern Nevada’s labor force and the region’s rising population of retirees, should reappear after the virus is defeated, bolstering the case for Red Rock, said the analyst. Palms PauseRed Rock’s decision to keep the Palms, the operator’s glitziest venue, closed until June 2021 stoked speculation the company could be looking to sell the resort. free slot games 2020 Roulette Casino A Vendre D Occasion Engr But management scoffed at those rumors. Although triverwind casino crab legshe Palms isn’t on the Strip, Wieczynski says the health of that venue is directly tied to vibrancy on the Strip. lucky tiger casino reddit “In the end, given our expectation for the Strip, and Las Vegas more broadly, to prove a laggard in the COVID-19 recovery process, we believe investors will have the opportunity to remain patient with RRR shares,” said the Stifel analyst.

Key Insights and Expert Analysis

This month, brothers Frank and Lorenzo Fertitta bought about million worth of RRR stock, propelling the name to a gain of more than 58 percent over the past 30 days. gta 5 online gambling addiction Frank is the chief executive, while Lorenzo is a vice president, and each hold a board seat. river spirit casino floor plan Wieczynski lifted his price target on Red Rock to from , implying modest upside from the . 50 area at which it currently trades. Early reports out of Lake Charles, Louisiana, suggest that the city near the east Texas border has been “severely damaged” and the Isle of Capri Casino wrecked after Hurricane Laura ripped through the area early Thursday morning.

The Isle of Capri in Lake Charles before (inset), and after, Laura tore through the city last night. mohegan sun casino credit Black Oak Casino New Years Eve Ljzr (Image: Twitter/Pinterest)The first images show that the floating casino became unmoored during the storm and crashed into the I-10 bridge over the Calcasieu River. river spirit casino table games desert diamond casino layout Harrahs North Carolina Casino Dpiy Images posted to social media reveal the vessel has become stuck in the bridge’s foundations. las vegas table games casino war One Twitter user who uploaded a photo described the scene as “incredible and terrifying. ”Meanwhile, footage from Houston-based Ariverwind casino crab legsBC affiliate KTRK-TV shows the roof of one of the Golden Nugget Casino’s hotel towers disintegrating.

Casinos Told to ShutterSome of Lake Charles’ 78,000 residents had taken advantage of buses provided by the city, transporting evacuees to East Louisiana. But many stayed, observing a curfew from Wednesday night. golden nugget casino biloxi shooting The city’s casinos had been ordered to shutter early Wednesday. casino near me in pa But hundreds of refinery workers and first responders were understood to be staying in the Nugget’s hotel to shelter from the storm, according to KTRK-TV. angel of the winds casino golf simulator It’s not clear whether there was anyone on the Isle of Capri when it lost its mooring.

Other images this morning depict office buildings in downtown Lake Charles with their windows entirely blown out. queen mary 2 casino poker The Washington Post reports that power lines are down and many of the streets unpassable because of flooding and rubble. turtle lake casino embezzlement No