Casino 500 erson, Fiesta Rancho, Palms, and Texas Station are slated to remain shuttered until June 30, 2021, and Red Rock executives say they don’t know if or when those properties will reopen. Still Bullish While the future of that quartet is murky, Wieczynski is enthusiastic about Red Rock’s prospects, noting 2022 EBITDA in Las Vegas should exceed the 2019 mark by a healthy margin. The analyst increased his 2021 EBITDA forecast on Red Rock to 9 million from 3 million, while lifting his 2022 projection to 1 million to 9 million, citing improving fundamentals in the LVL segment. casino poker table top No Deposit Bonus Codes For Jupiter Casino Gxth There’s something to that thesis, because Station casinos are less reliant on business travel and tourists arriving from outside Nevada than are competing Strip venues. “Looking past the current subdued operating environment, we continue to believe the LVL market should boast some of the most attractive fundamentals in all of regional gaming when the world returns to normal,” said Wieczynski. mgm grand casino win lob statement

Factors that were at play prior to the COVID-19 pandemic, including increasing diversity in Southern Nevada’s labor force and the region’s rising population of retirees, should reappear after the virus is defeated, bolstering the case for Red Rock, said the analyst. Palms PauseRed Rock’s decision to keep the Palms, the operator’s glitziest venue, closed until June 2021 stoked speculation the company could be looking to sell the resort. But management scoffed at those rumors. mr cashman casino game Although triverwind casino crab legshe Palms isn’t on the Strip, Wieczynski says the health of that venue is directly tied to vibrancy on the Strip. “In the end, given our expectation for the Strip, and Las Vegas more broadly, to prove a laggard in the COVID-19 recovery process, we believe investors will have the opportunity to remain patient with RRR shares,” said the Stifel analyst. jamul casino jive lounge schedule

Key Insights and Expert Analysis

This month, brothers Frank and Lorenzo Fertitta bought about million worth of RRR stock, propelling the name to a gain of more than 58 percent over the past 30 days. Frank is the chief executive, while Lorenzo is a vice president, and each hold a board seat. Wieczynski lifted his price target on Red Rock to from , implying modest upside from the . caesar casino owner pechanga casino updates 50 area at which it currently trades. Early reports out of Lake Charles, Louisiana, suggest that the city near the east Texas border has been “severely damaged” and the Isle of Capri Casino wrecked after Hurricane Laura ripped through the area early Thursday morning.

The Isle of Capri in Lake Charles before (inset), and after, Laura tore through the city last night. (Image: Twitter/Pinterest)The first images show that the floating casino became unmoored during the storm and crashed into the I-10 bridge over the Calcasieu River. nearest casino to jacksonville florida Images posted to social media reveal the vessel has become stuck in the bridge’s foundations. casino pier One Twitter user who uploaded a photo described the scene as “incredible and terrifying. ”Meanwhile, footage from Houston-based Ariverwind casino crab legsBC affiliate KTRK-TV shows the roof of one of the Golden Nugget Casino’s hotel towers disintegrating. are drinks free at seminole hard rock casino

Casinos Told to ShutterSome of Lake Charles’ 78,000 residents had taken advantage of buses provided by the city, transporting evacuees to East Louisiana. Angel Of The Winds Casino Resort Stoluckquamish Lane Arlington But many stayed, observing a curfew from Wednesday night. The city’s casinos had been ordered to shutter early Wednesday. But hundreds of refinery workers and first responders were understood to be staying in the Nugget’s hotel to shelter from the storm, according to KTRK-TV. map of winstar world casino It’s not clear whether there was anyone on the Isle of Capri when it lost its mooring. 888 Online Casino Michigan Bkfo

Other images this morning depict office buildings in downtown Lake Charles with their windows entirely blown out. harrah s casino locations usa harrah s cherokee casino age limit island view casino benefits The Washington Post reports that power lines are down and many of the streets unpassable because of flooding and rubble. hard rock hotel and casino lake tahoe nv live casino baccarat No hard rock casino number Intertops Casino Promo Agnn