2025.11.01
seminole hard rock casino job fairFollowing the coronavirus reopening, many regional operators got leaner, trimming headcount and abandoning less profitable offerings while boosting margins to Wall Street’s liking.But there are issues, there, too.S&P took a dubious label off the operator’s credit grade today.admiral casino indeedS&P took a dubious label off the operator’s credit grade today.” That increases the importais hard rock casino tulsa pet friendlynce of drive-in traffic from neighboring states, namely California.That move could be pricing in upcoming improvements in earnings before interest, taxes, depreciation and amortization (EBITDA).four winds casino covid golden palace casino horariorestaurants near sunset station casino“Given the lack of domestic/international travel, lack of near/intermediate-term group and business events, the beginning of a long Las Vegas recovery is currently levered to California leisure traffic, which offers little visibility/reason for investor enthusiasm,” said Bain.“Additionally, our expectation that the company will improve its margin reflects our view that many of its lower-margin or loss-leading amenities, like buffets, will remain closed for some time to comply with health and safety measures intended to limit the spread of the coronavirus,” notes S&P.That’s a negative at a time when the Golden State economy is still reeling from the effects of the pandemic.foxwoods tower casino” That increases the importais hard rock casino tulsa pet friendlynce of drive-in traffic from neighboring states, namely California.However, despite the fact that S&P’s note hit the wires on the same day that the Barstool Sportsbook app launched in Pennsylvania, the ratings agency makes no mention of any of those topics.Only recently have there been most signs of a pickup in visits.desert diamond casino history hard rock casino lake tahoe jobsresorts casino veteransHowever, despite the fact that S&P’s note hit the wires on the same day that the Barstool Sportsbook app launched in Pennsylvania, the ratings agency makes no mention of any of those topics.Bain added that Wynn has less exposure to the Cotai Strip than rivals Las Vegas Sands (NYSE:LVS) and Melco Resorts & Entertainment (NASDAQ:MLCO), a relevant point because border expansions and new capacity could drive traffic to that area of Macau.But its 39 other venues are primarily in regional, not destination markets.Bain added that Wynn has less exposure to the Cotai Strip than rivals Las Vegas Sands (NYSE:LVS) and Melco Resorts & Entertainment (NASDAQ:MLCO), a relevant point because border expansions and new capacity could drive traffic to that area of Macau.In the largest US gaming center, Penn operates the Tropicana and the M Resort.“Additionally, our expectation that the company will improve its margin reflects our view that many of its lower-margin or loss-leading amenities, like buffets, will remain closed for some time to comply with health and safety measures intended to limit the spread of the coronavirus,” notes S&P.where is boomtown casino located hard rock casino age limit |