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jamul casino closingAt 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.Borgata, the city’s largest casino employer, has naturally been responsible for the most job layoffs.Red Rock Resorts (NASDAQ:RRR) is one of the today’s best-performing gaming stocks, surging more than six percent.“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.0 percentInternet gaming continued to soar during the pandemic, online casinos pulling in .1 percentOctober — 6.resorts casino website

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