2025.12.18
nugget casino and resort renoWe are extremely pleased with the operating performance of our properties this quarter, despite continued occupancy restrictions,” said CEO Jay Snowden in a statement.We are extremely pleased with the operating performance of our properties this quarter, despite continued occupancy restrictions,” said CEO Jay Snowden in a statement.Vaccine HopesIn the eyes of many analysts, Sin City’s recovery trajectory is intimately tied to the development of a COVID-19 vaccine.casino 4k reviewThe company highlighted another strong week of performance by the recently launched Barstool Sportsbook app.The slots 7 casino free spinsfirm is obliging that faith, noting that as of Sept.04 billion to .river spirit casino near me cleopatra 2 free slot gamesmountaineer casino crab legsOf Course, BarstoolThe other reason Wall Street is enthusiastic about Penn stock is the company’s tie-up with Barstool Sports, including the aforementioned sports wagering platform bearing the media property’s name.”Following the June reopening of Nevada gaming venues, Strip occupancy rates labor around 30 percent during the week, and 50 percent on the weekends.Penn National CEO Jay Snowden, seen here in a CNBC interview earlier in 2020, delivered big forecasts for his company today.club player casino codes 2020”Those efforts could pay dividends in the future.(Image: CNBC)In an investor presentation, the operator of Hollywood casinos, among others, forecast EBITDAR of 0 million to 0 million for the current quarter, crushing the Wall Street consensus estimate of 4 million.casino near me nashville tn harrah s cherokee casino resort north carolinachukchansi casino slot machinesIn April, Fitch downgraded credit ratings across the lodging industry, including gaming companies, citing crimped cash flow, but notes its muted 2021 outlook is unlikely to result in another round of lower grades.For example, MGM Resorts International recently unveiled its “Convene with Confidence” plan, which includes rapid COVID-19 testing, aimed at rejuvenating convention traffic.“A meaningful recovery in the upper tier is not likely in the near term,” said Fitch.However, Sin City’s priciest venues aren’t alone when it comes to lengthy return to normalcy estimates.“A meaningful recovery in the upper tier is not likely in the near term,” said Fitch.One of the reasons analysts are fond of Penn National stock is the company’s deep portfolio of regional venues, meaning reduced dependence on Sin City as a driver of top and bottom line growth.black oak casino play online big fish casino payout |