poker casino seattle(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. With Caesars stock having surged from around in early August, it’s not surprising that one of the analyst’s primary concerns is valuation.Valuation (is) largely reflective, given higher financial risk,” said Grambling in a note to clients.He notes the stock trades at 7.9x earnings before interest, taxes, depreciation and amortization (EBITDA). Goldman Sachs isn’t crazy about Caesars stock, but the bank acknowledges catalysts. cache creek casino musicBut today wasn’t a typical dayfree blazing 7 casino slots for Caesars.Grambling’s assessment on the stock is undoubtedly lukewarm and, on a standard day, probably would’ve sent the shares lower. 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. 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. casino sites like dr slot

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hallmark casino deposit bonus codesThe sign has been restored and is inside the new downtown hotel-casino. (Image: Las Vegas Review-Journal)Circa has announced on its website that the neon cowgirl, in her white, fringed outfit, will reside inside the hotel-casino. 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 resorts dominican republicThe iconic Vegas Vickie sign that towered over Fremont Street for decades has found a home inside a new casino nearing completion in downtown Las Vegas. The sign has been restored and is inside the new downtown hotel-casino. Count Goldman Sachs as the rare investment bank that’s not overly enthusiastic about Caesars Entertainment (NASDAQ:CZR). peppermill casino events

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jackson rancheria casino arcadeGoldman Sachs isn’t crazy about Caesars stock, but the bank acknowledges catalysts. 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 .67.14 market close.Investors Focusing ElsewhereUnder normal circumstances for any stock in any sector, a rating from Goldman Sachs has the potential to move the shares. But that wasn’t the case Monday. That’s a massive mountain of debt, considering Caesars’ market capitalization of .16 billion as of the Sept. But today wasn’t a typical dayfree blazing 7 casino slots for Caesars.Grambling’s assessment on the stock is undoubtedly lukewarm and, on a standard day, probably would’ve sent the shares lower. casino blackjack minimum bet