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red stag casino sisterAdding up the aforementioned points creates a potentially lucrative deleveraging missive, according to Wieczynski.“Every catalyst we pointed out should help drive leverage lower. He notes that as more of them get vaccinated, pent-up demand will be unleashed as soon as this year. Add that into the sports betting thesis, and there’s room for more upside in the stock.“We believe there are eight to 12 states that could go down the path of legalizing sports betting this year which should continue to support long-term total addressable market (TAM) estimates (no matter how crazy they are),” said Wieczynski.Other Levers to PullThe Stifel analyst points out that Caesars remains intent on divesting a Strip property, and that process could accelerate as coronavirus vaccines are distributed on a broader scale. sycuan casino valley fireThe new forecast implies upside of more than 25 percent from current levels.While COVID headwinds could pressure near-term estimates as travel/gathering restrictions remain in place (and could get worse), we believe CZR remains well positioned long-term as the world eventually recovers from this pandemic, given their compelling asset mix (Vegas/regionals/sports betting/iGaming),” said the analyst.Earlier this month, Nevada Gov. Trump Plaza in Atlantic City is scheduled for demolition on February 17. Seen here in 1994 outside his Trump Plaza, the last casino to bear Donald Trump’s last name will come down next month. seneca niagara casino news casino 86cashman casino aristocrat“Once the deal closes, we would expect management to start laying out more details behind a possible sports betting/iGaming spinout, or what the earnings power of the 100% controlled entity could look like.”The analyst says another potential spark for Caesars is the 55 and up age demographic. The smaller north hotel tower will remain, as will the rear parking garage across Pacific Avenlake tahoe casinos newsue.Atlantic City Mayor Marty Small Sr. today announced the February 17 implosion date.End of Trump Entertainment ResortsCarl Icahn took control of Trump Entertainment Resorts (TER) in 2016. lucky tiger casino no deposit codes 2021The smaller north hotel tower will remain, as will the rear parking garage across Pacific Avenlake tahoe casinos newsue.Atlantic City Mayor Marty Small Sr. Along with the shuttered Trump Plaza, the deal delivered Icahn ownership of Trump Taj Mahal. Seen here in 1994 outside his Trump Plaza, the last casino to bear Donald Trump’s last name will come down next month. poker casino vilamoura doubledown casino bonus collectordoubledown casino 2The new forecast implies upside of more than 25 percent from current levels.While COVID headwinds could pressure near-term estimates as travel/gathering restrictions remain in place (and could get worse), we believe CZR remains well positioned long-term as the world eventually recovers from this pandemic, given their compelling asset mix (Vegas/regionals/sports betting/iGaming),” said the analyst.Earlier this month, Nevada Gov. Neither the billionaire nor his family have been involved in the gaming industry for many years.The building has been crumbling in recent years, and the towering structure has been a stark reminder of the region’s economic difficulties over the past decade-plus. (Image: Barron’s)In a note to clients today, Stifel analyst Steven Wieczynski reiterates a “buy” rating on Caesars stock, while lifting his price target on the name to 5 from . Adding up the aforementioned points creates a potentially lucrative deleveraging missive, according to Wieczynski.“Every catalyst we pointed out should help drive leverage lower. Icahn never found a suitable buyer for either casino. today announced the February 17 implosion date.End of Trump Entertainment ResortsCarl Icahn took control of Trump Entertainment Resorts (TER) in 2016. phone number for thunder valley casino free online poker planning |