2025.12.17
seminole casino sign inIn reiterating a “hold” rating on Red Rock stock, Stifel analyst Steven Wieczynski said that management could eschew the glitz and frivolities of many non-gaming amenities that are so vital to Las Vegas Strip operators, and focus more on pure gaming.“From a direct perspective, we are keenly focused on the company’s hybrid properties, led by the Palms.” He has a price target on Red Rock stock, implying 16.harrah s casino things to doVirgin Hotels Las Vegas, as the property will be officially known, will feature a casino floor measuring 60,000 square feet, 1,505 guestrooms, “world-class restaurants,” 130,000-square-flucky dragon net sign upeet of convention space, five-acre pool complex, and a 3,500-seat theater.However, as one Las Vegas local pointed out to Casino.7 billion retaining a 51 percent stake.black bear casino to duluth turtle creek casino and hotel hoursborgata online casino faq“We wonder how investors will react if The Palms isn’t reopened or even eventually sold?Would they applaud management for cutting ties, or put them in the penalty box because it was a bad use of capital?He adds that one of the company’s core demographics is Strip staffers that frequent Station venues after their shifts.palace station casino newsThere was no mention of the Palms being sold, a rumor that popped earlier this year, but was subsequently put to rest by management.But construction was deemed essential and permitted to continue.As Wieczynski notes, although Red Rock doesn’lucky dragon net sign upt operate Strip venues, the company is levered to the strength of that area.location of firekeepers casino coolcat casino reviewsamerican poker 90 s casino mod apkSeems like management is starting to think about changing their operating strategy moving forward and going back to more of the old Station Casino model, which focused more on customers and pure gaming versus all the fancy non-gaming amenities,” Wieczynski said.Until the fiscal health of that group improves, it will be difficult for Red Rock to make a full recovery.Virgin Hotels Las Vegas, as the property will be officially known, will feature a casino floor measuring 60,000 square feet, 1,505 guestrooms, “world-class restaurants,” 130,000-square-flucky dragon net sign upeet of convention space, five-acre pool complex, and a 3,500-seat theater.(Image: Tania Steere/Virgin)Executives say the move is part of a court process to restructure the company’s finances, and has the support of the airline’s major creditors and owners.Las Vegas ImpactThe Virgin Group is the parent organization to Virgin Atlantic.Would they applaud management for cutting ties, or put them in the penalty box because it was a bad use of capital?the mgm grand casino when does tachi palace casino open |