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Louis Post-Dispatch)In a note to clients today, analyst Shaun Kelley said regional gaming firms offer the best fundamentals in the industry. to morongo casino It’s a mix bolstered not only by strong demand in the reopening phase, but improving margins and the oft-cited sports betting catalyst. Nugget Casino Reno Nevada Phone Number Slmq Over 70 percent of all casinos are now open and the early trends are encouraging,” wrote Kelley. The analyst also highlighted a “substantial rebound” in demand trends in select states, with some data points blowing out to new records in Arkansas, Kansas and Louisiana, just to name a few. Boyd Gaming, one of Kelley’s buy-rated names, owns a combined six gaming properties in Kansas and Louisiana. Penn National, which the analyst recently dubbed his preferred pick in the sector, operates several venuseminole casino 38 speciales across both states, and the Pelican State is one of the company’s most important markets in terms of percentage of generated revenue. seminole casino zig zag girl Bad News in Good NewsAnalysts’ preference for regional names was a prominent theme during the COVID-19 shutdown. how to play video poker in casino
The market observers speculated visitors would be more eager to return to local gaming properties than they would be to hop on planes to fly to destination markets, such as Las Vegas. free elvis slot machine games Some company-specific commentary support that thesis. wynn las vegas casino marketing call borgata casino Earlier this week, Caesars Entertainment (NASDAQ:CZR) provided a reopening update, saying revenue at its restarted Nevada properties plunged on a year-over-year basis. But Caesars also said that its regional venues that recently came back online had flat to modestly higher turnover. Kelley notes operators are saying margins are poised to be “meaningfully higher in the post-reopening months. ” Some of that is being driven by reduced marketing expenses and the elimination of some lower bellagio casino map free online poker books


