2025.12.18
free online slots spartacus(NYSE:TRWH), the operator of Rhode Island’s two casinos, reports third-quarter financial results Thursday after the close of US markets.Boyer now expects TRWH’s home state third and fourth-quarter revenue to decline by 15 percent, compared with prior forecasts calling for drops of seven percent and five percent, respectively.A year ago this month, Florida voters overwhelmingly approved a state constitutional amendment to phase out dog racing by January 2021.casino hotelBright SpotsWhile its home state has been problematic for TRWH, there are some bright spots for the company, including its Dover Downs property in Delaware.Boyer now expects TRWH’s home state third and fourth-quarter revenue to decline by 15 percent, compared with prior forecasts calling for drops of seven percent and five percent, respectively.Boyer said Ocean State-issued data indicate third-quarter gross gaming revenue (GGR) declined nine percent at the Twin River and Tiverton casinos.peppermill casino covid 19 2021 foxwoods resort casino 301soaring eagle casino daycareBoyer lowered his price target on TRWH to from , but reiterated a “buy” rating on the stock.free online governor of poker 2He previously projected 2020 and 2021 Ocean State turnover of 7 million and 1 million.Boyer points out that TRWH can extract more value from the 500-room hotel there than the previous owners did, and that improvements in the gaming area and food and beverage offerings could pay off for investors.blackjack casino tableBoyer points out that TRWH can extract more value from the 500-room hotel there than the previous owners did, and that improvements in the gaming area and food and beverage offerings could pay off for investors.Boyer now expects TRWH’s home state third and fourth-quarter revenue to decline by 15 percent, compared with prior forecasts calling for drops of seven percent and five percent, respectively.For 2020 and 2021, the analyst expects Twin River to post Rhode Island revenue and EBITDA of 8 million and 0 million and 2 million and 5 million.morongo casino logo las atlantis casino australiacasino table games best oddsFurthermore, based on WYNN’s reported results and comments from others operating in the market, we sense WYNN’s promotional spend, particularly with respect to its slot business, has remained elevated, an outcome that will likely have negative ramifications for TRWH’s margin performance over the next several quarters,” said the analyst.Boyer now expects TRWH’s home state third and fourth-quarter revenue to decline by 15 percent, compared with prior forecasts calling for drops of seven percent and five percent, respectively.(Image: YouTube)At least one analyst is preparing for a letdown.Twin River’s Q3 results were likely pinched by Encore Boston, prompting an analyst to cut estimates.“In addition to modeling steeper y/y top-line declines, we have added conservatism to our Rhode Island margin forecast,” said Boyer.Hendersolucky creek casino bonus codes april 2021 kim ward twin river casino |