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harrah s cherokee casino event calendarAn analyst sees an asset sale looming. That’s a performance many investors may believe is attributable to the company’s expanding iGaming and sports wagering footprints. Former casino mogul Steve Wynn is once again trying to unload one of the most lavish and expansive mansions in Beverly Hills. yelp jamul casinoThat’s a performance many investors may believe is attributable to the company’s expanding iGaming and sports wagering footprints. Former casino mogul Steve Wynn is once again trying to unload one of the most lavish and expansive mansions in Beverly Hills. Caesars Entertainment (NASDAQ:CZR) stock is up 56.39 year-to-date. seneca niagara casino concerts 2021

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downstream casino hoursIn a note to clients today, the analyst reiterates a “buy” rating on Caesars’ stock, while boosting his price target to 8 from 0. An analyst sees an asset sale looming. Interested paragon casino draft roomBut 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. However, some investors are pondering how long top-line and margin expansion is plausible as consumer stimulus fades.Management firmly sees these concerns as overblown, highlighting that (1) the current trend in the savings rate could imply tailwinds to the consumer through 2023 and (2) their overall cost structure is predominately ‘right-sized’ by this point, with any modest pockets of cost inflation likely offset by the return of the high margin group customer,” said the Stifel analyst.The Flamingo operator is one of Wall Street’s favorite gaming equities, a status accrued by management’s reputation for managing margins and generating free cash flow, among other factors.Asset Sale Could Be Another Spark for Caesars StockAmid recent Strip asset sales, including the Venetian and Sands Convention Center in March and the Cosmopolitan late last month, it’s possible Caesars opts to accelerate the timeline for divestment of one of its Las Vegas properties.Previously, the operator said such a transaction would not occur until next year. It also liquidated part of the inherited NeoGames (NASDAQ:NGMS) stake. free slots x2

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oxford casino lodgingIn a note to clients today, the analyst reiterates a “buy” rating on Caesars’ stock, while boosting his price target to 8 from 0. Caesars Palace, located on the Vegas Strip, seen above. But it’s possible the company could be motivated by the price points on recent sales. But it’s possible the company could be motivated by the price points on recent sales. That’s a move Wall Street likes, because the company significantly defrayed that purchase price by selling William Hill’s international assets for billion. 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. table games at saracen casino

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