2025.12.18
seven feathers casino poker roomMore Confirmation NeededWhile Wieczynski said it’s encouraging to see Red Rock deliver a bullish pre-announcement, he maintains a “hold” rating and price target on the stock, He is noting that more confirmation of Palms’s ability to increase margins in an area dominated by LVL properties is needed.From July through December 2019, the state had raked in 8.24 million in taxes, led by .black oak casino entertainment7 million in receipts from the state’s tmorongo casino blackjackhree casinos, down from the 4 million the Commonwealth is expecting to haul in for the current fiscal year.The emphasis LVLs is a benefit at a time when the Southern Nevada economy is strong, says Wieczynski.6 million in fiscal 2020 – well below the 4 million projection.casino near me now open bicycle casino poker atlasmap of river spirit casino“We suspect this level of growth exceeded investor expectations and was supported by a modest revenue ramp at Palace Station.”Red Rock also said today it’s selling 0 million worth of corporate debt, with the bulk of those proceeds expected to be used to retire existing debt, a move that will help the company reduce interest expenses.Earlier this week, the company announced that President and COO Mike Mathis and Vice President and CFO Courtney Wenleder are leaving their roles at the integrated resort.poker casinos in florida”Red Rock also said today it’s selling 0 million worth of corporate debt, with the bulk of those proceeds expected to be used to retire existing debt, a move that will help the company reduce interest expenses.Earlier this week, the company announced that President and COO Mike Mathis and Vice President and CFO Courtney Wenleder are leaving their roles at the integrated resort.Even Encore Boston Harbor, the newest Massachusetts casino and leader of the pack, revenue-wise, recently announced some staff adjustments deemed to be “rightsizing.viejas casino glabdoor is draftkings casino legal in michiganisland view.casinoA second coronavirus case in Macau is forcin“Accordingly, though we believe RRR continues to boast an approachable valuation (sub-10x 20E EBITDA), we would prefer to remain patient with the shares until there is clearer evidence suggesting the Palms overhang is dissipating,” said the analyst.“LVL same-store revenues (ex-Palms) increased 4% y/y, using the midpoint of the pre-announced revenue range,” said the Stifel analyst.While the slots-only PPC and MGM Springfield have had their share of struggles, and some market observers maintain three casinos is enough for the Bay State, the MGC continues mulling the approval of a third gaming property that would be located in Region C.Rough StretchMGM Springfield, a 0 million property that opened in August 2018, posted gross gaming revenue (GGR) of .From July through December 2019, the state had raked in 8.chumba casino competitors wynn las vegas app |