Feb AGR almost 7,000,000 at the Cape. This a great number in a 28 a day month. Just like they said in the conference call, things would pick up at this casino as they started to work with the customer base. This is really good news!
are you kidding me? 7 mil a great number?
have you checked the revenue streams from competitors PNK or CZR or PENN or BYD or ....
7 million is just a fraction of what a successful new casino generates.
Try 20 or 30 mil, then we can talk...
this company is over leveraged and the competition is running them out of town.
Plus bad moves:
selling Biloxi for peanuts
and buying Vicksburg garbage.
Come on. Stop trying to put a spin on this disaster.
This should be trading in the 4's if not around $3.50 or so....
then maybe I would speculate at those numbers.
The leveraged debt is going to continue to hurt them
And one day, folks will find out they owe more debt than their operations are worth....
You know, you could have bought some CZR shares at $7 and look where those are trading now.