Strong Performance in Nevada Locals Casinos
Nevada locals casinos achieved their highest quarterly EBITDA in the past 2 years, growing EBITDA by over 9% and improving margins by 170 basis points to over 46%.
Tax Legislation Benefits
Recent legislation is expected to provide tax relief on tips, overtime, and additional deductions for seniors, potentially benefiting the company by $10 million to $15 million in tax shield and $2 million to $3 million in cash flow.
Stable Outlook for Laughlin
Laughlin market remains consistent with a positive outlook, supported by frequent smaller events and a strong market position.