Marc Falcone
Marc Falcone
due highly location opening red rock
The opening of Red Rock is a highly anticipated event. We think it will do exceptionally well due to its location and quality.
amount cash company dollar exposure flow gulf impact number percent properties terms total
While Harrah's may have the most exposure in terms of the number of properties and total dollar amount of cash flow in the Gulf region, the impact for the company is not significant as a percent of total cash flow.
ahead analyst buying coast favorable gaming given likely meeting next response shares south stardust week
We would be buying Boyd Gaming shares ahead of the analyst meeting next week given the likely favorable response to South Coast and the pending announcement on the Stardust redevelopment.
base case estimates forecast giving investors useful
While these estimates could still potentially change, we thought it could be useful to forecast a base case for the impacted casinos, giving investors an idea of the
believe continue earnings grow master per percent share shuffle
We believe Shuffle Master can continue to grow earnings per share at 25 percent to 30 percent.
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We believe Red Rock will redefine a new development and experience standard for both the locals and Las Vegas Strip markets.
believe bids columbia difficulty indicate lower offer operators pose
The bids lower than the $47 offer from Columbia indicate that operators believe licensing could pose a difficulty in that proposal.
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It's clear Wynn Las Vegas is growing the market across every segment, slots, table games and baccarat.
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It's difficult to find a lot of negativity toward the group. Clearly, the fundamentals are very strong, and I expect that to continue.
believe bids both colony higher likely
We believe that higher bids could be likely from both Colony and Pinnacle.
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We believe that Boyd should also benefit from this continued Las Vegas locals growth, so we're currently projecting 9 percent (third-quarter) revenue growth for its Boulder Strip and Coast properties.
beat cents per projected results
When you take out the one-time charges, they actually beat the projected results by 10 cents per share.
anticipate clear confusing earnings insurance next operators picture reports time year
We anticipate that it could be some time before operators have a clear picture of insurance receipts, which could make earnings reports for operators confusing over the next year or longer.
market percent premium rates tracking
Wynn rates are tracking at a 10 percent to 15 percent premium to the market and are averaging $300-$330 through November.