2024.07.18
how to win quick hit slot machineThe new forecast implies upside of about 20 percent from current levels.Following a recent meeting with Caesars’ management, Wieczynski notes Las Vegas ahard rock casino entertainmentnd regional casinos are performing well, and that’s without the benefit of convention and meeting business. Former casino mogul Steve Wynn is once again trying to unload one of the most lavish and expansive mansions in Beverly Hills. That’s a performance many investors may believe is attributable to the company’s expanding iGaming and sports wagering footprints. encore casino resortThat’s a move Wall Street likes, because the company significantly defrayed that purchase price by selling William Hill’s international assets for billion. But it’s traditional casinos driving enthusiasm for the shares. In a note to clients today, the analyst reiterates a “buy” rating on Caesars’ stock, while boosting his price target to 8 from 0. free 3d casino slot games mgm grand casino sports bookbig fish casino layoffsIt also liquidated part of the inherited NeoGames (NASDAQ:NGMS) stake. In a note to clients today, the analyst reiterates a “buy” rating on Caesars’ stock, while boosting his price target to 8 from 0. But it’s possible the company could be motivated by the price points on recent sales. big fish casino cheat your wayBut Caesars hasn’t publicly said that those are the venues it’s prioritizing in potential sales.“Furthermore, while management has historically indihard rock casino entertainmentcated a sale of a Strip asset would likely follow normalization in the group segment, we think recent transactions in the market (Cosmopolitan, Venetian/Palazzo) could see management act more opportunistically to unlock value in their portfolio and drive leverage lower,” adds Wieczynski. Caesars Entertainment (NASDAQ:CZR) stock is up 56.39 year-to-date. Caesars Palace, located on the Vegas Strip, seen above. elevation of black oak casino cashman casino coin hackaliante casino in las vegasIn a note to clients today, the analyst reiterates a “buy” rating on Caesars’ stock, while boosting his price target to 8 from 0. “As one example, management has already begun to utilize sports betting marketing data to drive promotional decisions at the property (those customers would effectively be treated as unrated, otherwise).”“Given where comps have transacted, we see no reason why CZR couldn’t get as high as a low-teens multiple on one of the assets perceived to be for sale.”The analyst adds the sale of a Strip venue should dramatically accelerate management’s efforts to delever the balance sheet.Ahead of the Curve in Sports BettingData suggest Caesars’ newly launched online sportsbook has ground to make up against larger rivals. Owing to the expanse of Caesars Rewards, the industry’s largest loyalty program, the company has enviable cross-selling opportunities that could drive long-term value in next-generation gaming.“Not only does the largest land-based rewards database present ample low-cost customer acquisition opportunities, but we also expect management to explore innovative ways to unlock further valuehard rock casino entertainment at their brick and mortar properties as well,” concludes Wieczynski. But it’s traditional casinos driving enthusiasm for the shares. Interested mohegan sun casino age limit casino extreme no rules bonus |