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black bear casino arcadeLottery Director Gerald Aubin told a legislative oversight committee Monday that IGT’s slots were not meeting the minimum requirements in the company’s contract,” reports The Associated Press.Given that Aug/Sept comps will be tough to match, we expect flat to potentially down 3Q SS results and recommend adding stock positions where there are potential catalysts (asset sales, property and M&A ramps, Sports betting, insider purchases),” said Beynon.Local media reports indicate IGT will work with the state to remove the 360 devices from the Twin River and Tiverton casinos.aliante casino yelpAt the end of the second quarter, MGM had .While MGM is generating free cash and has clearly outlined plans to monetize assets and return capital to shareholders, investors may be treating the shares too harshly due to its Macau exposure argues Beynon.The most recent data from the Rhode Island Lottery Commission indicates IGT accounts for 84 percent of the state’s nearly 5,200 slot machines and video gaming terminals.encore casino vegas

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black hawk casino denver coloradoMGM, one of the largest operators on the Las Vegas Strip, checks some of the boxes mentioned by Beynon.Focus On Cash, Debt ReductionSome regional gaming companies carry mountains of debt, but declining interest rates can provide some respite by serving to trim financing costs.Macquarie analyst Chad Beynon says that clear plans to bring down debt and for generating free cash flow (FCF) are the best ways for caslot machine vegas casinosino companies to thrive.online casino credit lineBattle Still WagingNews of the state removing some IGT machines could be seen as a victory for Twin River, because over the course of its public relations offensive, the casino operator has consistently asserted that the machine maker’s devices are not appealing to gamblers, thereby producing lower yields and less tax revenue for thslot machine vegas casinoe state.While MGM is generating free cash and has clearly outlined plans to monetize assets and return capital to shareholders, investors may be treating the shares too harshly due to its Macau exposure argues Beynon.(Image: CNBC)In a note provided to Casino.online casino poker games

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poker win handorg on Wednesday, Macquarie analyst Chad Beynon said that while third-quarter comparisons may be tough for some regional companies to match, his firm likes the casino firms that are generating FCF and have clearly articulated plans to reduce debt.(NASDAQ: RRR), and shares of other regional gaming operators have recently struggled, but at least one analyst believes the group has been unjustly punished and sees opportunities for investors, as long they emphasize free cash flow (FCF).“Department of Revenue spokesman Paul Grimaldi says Lottery officials informed IGT of the removal Tuesday.Raimondo, a Democrat, has drawn ire on both sides of the aisle.Rhode Island House Speaker Nicholas Mattiello, also a Democrat, is perturbed by the governor’s dealings with IGT, and openly questioned whether Raimondo’s proposed accord with the company would stand up to legislative inquiries.(NASDAQ: RRR), and shares of other regional gaming operators have recently struggled, but at least one analyst believes the group has been unjustly punished and sees opportunities for investors, as long they emphasize free cash flow (FCF).peppermill casino spa

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