2025.09.16
is turtle lake casino smoke freeThat’s a negative at a time when the Golden State economy is still reeling from the effects of the pandemic.Rather, the research firm focused on margins and Penn’s ability to meet lease obligati49 percent.island view casino resort gulfportRather, the research firm focused on margins and Penn’s ability to meet lease obligatiRegional Promise, Improving MarginsLike so many research firms, S&P is enthusiastic about Penn’s status as a regional gaming company with reduced exposure to the Las Vegas Strip.But there are issues, there, too.paragon casino hotel promo code caesar casino slotslittle river casino and rv parkSome investors like Wynn stock due to Asia-Pacific exposure.Regional Promise, Improving MarginsLike so many research firms, S&P is enthusiastic about Penn’s status as a regional gaming company with reduced exposure to the Las Vegas Strip.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.chumba casino ageNot Loving Las Vegas, EitherThe analyst forecasts Las Vegas, where Wynn owns its namesake integrated resort, and the Encore, will account for 22 percent of 2022 EBITDA.“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.Not Loving Las Vegas, EitherThe analyst forecasts Las Vegas, where Wynn owns its namesake integrated resort, and the Encore, will account for 22 percent of 2022 EBITDA.cool cat casino free spins 2020 south lake tahoe casinos closedslot machine casino tipsAs Bain notes, California accounted for a quarter of all US jobless claims in the last week of August.” That increases the importaviejas casino fireworks 2021nce of drive-in traffic from neighboring states, namely California.Namely, Sin City is now highly dependent on leisure travel from neighboring California.”An Interesting OmissionThese days, most conversations about Penn stock revolve around one or all of the following factors: iGaming, sports betting and the company’s 36 percent stake in Barstool Sports.Not Loving Las Vegas, EitherThe analyst forecasts Las Vegas, where Wynn owns its namesake integrated resort, and the Encore, will account for 22 percent of 2022 EBITDA.The research firm adds that although Penn’s revenue could be crimped because it’s operating below capacity in many markets, that’s not a warning sign, because “We believe the historical peak utilization rates in many markets were below theseviejas casino fireworks 2021 limits.vip club player casino review gold coast casino queensland |