Clearwater Casino Summer Concerts 2020 rged 82 percent in the second quarter, compared with the same period in 2019. Due to the severe adverse impact of the coronavirus crisis on casino operators’ 2020 results, 2021 numbers are being compared to pre-pandemic data. where is jackson rancheria located mountaineer casino concerts big m casino online As is the case with other comparable operators, such as Boyd Gaming (NYSE:BYD) and Golden Entertainment (NASDAQ:GDEN), Red Rock realized significant margin expansion as a result of the pandemic. slot casino za darmo poker casino table games Chukchansi Casino Bus Schedule Janj Analysts and investors are now pondering if that expansion is sustainable. It appears it is for the Boulder Station operator. Black Hawk Casino Omal We believe most of the margin expansion is sustainable. But investors will look for new avenues of growth into next year,” said Macquairie analyst Chad Beynon in a note to clients today. blackjack free no download He reiterates an “outperform” rating on Red Rock stock, with a price target, up from a prior forecast of .

That implies upside of about 37 percent from the Thursday close. Levers for Red Rock UpsideA key constituency for Red Rock is the aforementioned LVLs. seven feathers casino hotel map That segment includes a variety of customers, spanning staffers from Strip casinos to well-heeled retirees that moved to Nevada to enjoy a lower cost of living. cool cat casino withdrawal rules While that demographic is proving sturdy and Red Rock is clearly adept at margin expansion, investors are likely eyeing the next acts. That includes the Durango project, which is slated to break ground in the first quarter of 2022, and what the company will do with the influx of cash from selling the Palms earlier thisfour winds casino little river band year. Noting that the operator’s leverage is just 1. free slot games 40 super hot 8x and that it repurchased million worth of its own shares during the quarter, Beynon points out Red Rock has a “transformed balance sheet, which will allow for capital returns or inorganic growth should there be an M&A (mergers and acquisitions) opportunity. ”The analyst says the gaming company has multiple undeveloped assets beyond Durango that could each be worth to a share.

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Odds and EndsRed Rock’s Fiesta Henderson, Fiesta Rancho, and Texas Station remain closed, and one analyst says it’s possible those gaming venues never return to action. “At this point, we aren’t sure when/if the remaining three assets that remain closed will come back online. But our guess is that some, if not all of them, might never be reopened,” said Stifel analyst Steven Wieczynski. He has a “hold” rating on Red Rock. But he boosted his price target on the name to from . Is Encore Casino Open Yet Wzdp Germany Reno casino owner and operator Jacobs Entertainment has entered into an agreement to acquire land from the city. This week, council members signed off on Jacobs paying more than . 07 million for the properties. clearwater casino fanduel

The Sands Regency resort in Reno, Nv. free online slots lightning link Jacobs Entertainment, the owner of the casino, is paying . 07 million for city-owned property, including a parking lot and vacant land. (Image: Jacobs Entertainment)The Reno City Council this week voted in favor of selling two downtown parcels to the privately held Colorado-basedfour winds casino little river band gaming and hospitality firm. blackjack online simulator After initially submitting what local leaders considered a lowball offer, Jacobs sweetened its bid. Poker Casino Del Sol Czou The . 07 million includes . live casino jackpots 44 million for West Second Street, which is currently a parking lot, and 1,600 for the vacant 290 Keystone Avenue parcel.

Should Jacobs Entertainment sell either property in the future, Reno stands to collect 25 percent of the net proceeds. slot machine casino centerpieces You’re getting paid today as well as profit sharing in the future,” Jacobs Entertainment attorney Garrett Gordon told the Reno council. “It’s a very innovative project that’s a win-win. scarlet pearl casino slot machine ”Jacobs Entertainment owns and operates the Sands Regency in “The Biggest Little City in the World. river spirit casino pet policy ” Jacobs acquired the Reno casino resort in 2017 for million from Truckee Gaming. Jacobs additionally