Investors sell off Twin River stock as Boston casino bites

Investors sell off Twin River stock as Boston casino bites


(MM) NEW AT SIX — THE NEW BOSTON CASINO IS TAKING A BITE OUT OF TWIN RIVER’S EARNINGS. THE TWIN RIVER STOCK PRICE DROPPED—- 11 PERCENT BETWEEN FRIDAY AND YESTERDAY — AFTER THE COMPANY ADMITTED TO INVESTORS—- ENCORE BOSTON HARBOR WAS HAVING A -QUOTE- —-“GREATER THAN EXPECTED—– NEGATIVE IMPACT” ON ITS REVENUE. TWIN RIVER SAID EARNINGS FROM—— TABLE GAMES WERE DOWN MORE THAN— 30 PERCENT LAST MONTH — AND IT’S CUTTING IT’S PROFIT FORECAST FOR THE YEAR BY TEN PERCENT. AS FOR THE STOCK SELLOFF—– TWIN RIVER SAID IN A STATEMENT IT WAS -QUOTE- “NOTHING OF CONCERN.” RIGHT NOW ON W-P-R-I-DOT-COM —–AND THE W-P-R-I-12 APP –TED NESI GOES IN-DEPTH ON WHAT ELSE TWIN RIVER IS TELLING INVESTORS — AND WHY ONE

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