Marc Falcone
Marc Falcone
avoids business charles coverage direct impact insurance lake market negative primary
If Lake Charles avoids a direct hit, devastation to the primary feeder market could have a negative impact as coverage from business interruption insurance is not certain.
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We believe this is likely the first of several projects of similar size and scope, which we anticipate could Include Reno and Durango. We expect Station Casinos to provide a more detailed development outlook on the company's fourth-quarter earnings call (in January).
beat cents per projected results
When you take out the one-time charges, they actually beat the projected results by 10 cents per share.
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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.
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We believe that higher bids could be likely from both Colony and Pinnacle.