2025.11.02
sunset station casino reopeningQuarter SurprisePenn National execs say the coronavirus stimulus from federal and state governments has helped the casino operator mitigate the economic damage caused by the health crisis.Shares of Penn National Gaming (NASDAQ: PENN) soared today after the regional casino giant revealed its second quarter revenue easily beat analyst estimates.Snowden revealed that since the company reopened its casinos, the venues have experienced a younger crowd — and spending per visitor is up 45 percent.casino near me fresno(Image: Vicki Vellios Briner/PennLive)April through June revenueblack oak casino elevation totaled 5.“Despite starting the second quarter with our entire property portfolio closed because of the COVID-19 pandemic, we ended the quarter in a significantly improved financial position as a result of continued mitigation efforts that contributed to significant margin improvement, a successful capital raise, and very strong financial performance at our properties since reopening,” Penn National CEO Jay Snowden said.That’s down from 60 percent when the same poll was conducted in April.harrah s casino drink menu slot madneb casinoriverwind casino foodGallup reports that more than 60 percent of Americans said they worked remotely at some point during the coronavirus, meaning MGM could potentially have a large targeted demo.69 per share, also far better than the .“If anything, consumers have actually got more cautious, and we have a majority saying now that they would wait more than six months before traveling,” said IATA Chief Economist Brian Pearce.brian christopher slots live today5 million, topping the consensus forecast of 9.Winning FormulaPenn National Gaming’s portfolio diversity allowed it to better weather the COVID-19 storm.That’s down from 60 percent when the same poll was conducted in April.seminole casino update spin a win live casinomgm grand casino mabachusetts””Convention business is expected to be basically nonexistent for the foreseeable future.The company is working alongside state regulatory agencies on implementing such technologies.Snowden also said the company is investing in new technologies that reduce reliance on physical cash inside its casinos.All of its casinos are once again open, with two exceptions — Zia Park Casino Hotel & Racetrack in New Mexico, and Tropicana Las Vegas.SunTrust Robinson Humphrey gaming analyst Barry Jonas said last month that he’s bullish on regional gaming companies, such as Penn.chinook winds casino deli menu choctaw casino credit |