choctaw casino mibibippiCount Goldman Sachs as the rare investment bank that’s not overly enthusiastic about Caesars Entertainment (NASDAQ:CZR). (Image: NY Post)Today, analyst Stephen Grambling initiated coverage of the newly formed casino goliath with a “hold” rating and a price target, implying modest upside from the close around .90. Goldman Sachs isn’t crazy about Caesars stock, but the bank acknowledges catalysts. harrah s cherokee casino nearby hotelsOn volume that was well above the daily average, Caesars stock surged 9.52 percent to start the week after the company said it reached a deal with ESPN whereby links to the operator’s sportsbooks will be accessible through ESPN.com and the network’s mobile and fantasy sports apps.Rival DraftKings (NASDAQ:DKNG) booked a similar pact with the worldwide leader in sports, prompting research firm Jefferies to say the agreements are good news for both gaming companies.For his part, Goldman’s Grambling was busy today. But today wasn’t a typical dayisland view casino entertainment schedule for Caesars.Grambling’s assessment on the stock is undoubtedly lukewarm and, on a standard day, probably would’ve sent the shares lower. But a couple of others in addition to Grambling rate it a “hold.” The Goldman analysts price forecast isn’t far off the Wall Street consensus of .67.cool cat casino. calm

golden nugget casino kalispell mt

real casino roulette tableThe Vegas Vickie sign on Fremont Street was removed in 2017 to make way for construction of Circa Resort. The Vegas Vickie sign on Fremont Street was removed in 2017 to make way for construction of Circa Resort. The higher financial risk of which the Goldman analyst speaks is the .7 billion in debt the Bally’s operator carries as of June 30. casino philadelphiaThe Vegas Vickie sign on Fremont Street was removed in 2017 to make way for construction of Circa Resort. On volume that was well above the daily average, Caesars stock surged 9.52 percent to start the week after the company said it reached a deal with ESPN whereby links to the operator’s sportsbooks will be accessible through ESPN.com and the network’s mobile and fantasy sports apps.Rival DraftKings (NASDAQ:DKNG) booked a similar pact with the worldwide leader in sports, prompting research firm Jefferies to say the agreements are good news for both gaming companies.For his part, Goldman’s Grambling was busy today. ble games cannot be put into use unless physical barriers are in place between players.casino en queens

red stag casino withdrawal

seven feathers casino seating chartThe casino later became a strip club, but the sign remained at that site until 2017.That’s when Circa owner Derek Stevens had the sign removed to make way for the construction of his new resort on that block. But that wasn’t the case Monday. The higher financial risk of which the Goldman analyst speaks is the .7 billion in debt the Bally’s operator carries as of June 30. Next up on the divestment front could be gaming properties in Indiana, followed later by a Las Vegas Strip asset.Grambling, as so many of his colleagues previously have, also highlighted the possibility island view casino entertainment scheduleof an announcement from Caesars management on the fate of the iGaming and sports betting business. In addition to the new coverage on Caesars, he downgraded MGM Resorts International (NYSE:MGM) to “sell” from “hold,” while reiterating a “buy” rating on Penn National Gaming (NASDAQ:PENN).Not Too GloomyWhile a “neutral” grade on a stock may imply some level of mediocrity, Grambling isn’t entirely negative on Caesars.He reminds investors the company offers plenty of catalysts over the next six to 12 months, including property reopenings, management focus on realizing at least 0 million in savings via the aforementioned takeover, and cash-generating asset sales. That could come before the end of 2020 and would likely be a positive catalyst for the stock.The bulk of the analysts covering Caesars stock have “buy” ratings. liberty slots sister casinos