2024.07.17
mgm casino gift shopSports betting will be a key contributor. The new projection implies upside of 39 percent from the Sept. Sports betting will be a key contributor. is aliante casino a station casino(Image: Las Vegas Review-Journal)In a note to clients today, Bernstein analyst Vitaly Umansky upgraded the Mandalay Bay operator to “outperform” from “market perform,” while boosting his price target on MGM stock to .90 from .60. That results in a .4 billion windfall and a one percent stake in the new company for MGM.The Golden Lion statue outside the entrance of the MGM hotel and casino on the Las Vegas strip, seen above. 24 7 online casino free online poker privatelas atlantis casino free spins 2021Adding fuel to the fire is a slew of states joining the live and legal sports betting roster, including Arizona, South Dakota, and Wyoming. That results in a .4 billion windfall and a one percent stake in the new company for MGM.Dina Titus (D-Las Vegas) is supportive of Biden’s new mandate that requires all Strip casinos to force vaccination, or test unvaccinated personnel weekly.“You want the jobs back, you want the conventions back, you want the fun times back, then we have to make recovering the priority and getting those shots in arms,” Titus declared.Titus says it’s a better alternative to ongoing operating restrictions that many have labeled as draconian.Customers don’t want to come if they feel like they’re going in a hospital to gamble,” the Congresswoman opined.Las Vegas is lagging in terms of vaccination rates compared with the rest of the country. lake tahoe stateline casinosMGM Resorts International (NYSE:MGM) stock is up 34.21 percent year-to-date, making it one odrake casino lyricsf the best-performing large-cap gaming equities. MGM Resorts International (NYSE:MGM) stock is up 34.21 percent year-to-date, making it one odrake casino lyricsf the best-performing large-cap gaming equities. Stanley Mallin, who built Caesars Palace with his buscoushatta casino marksville k bar seven feathers casinopechanga casino in temeculaAdding fuel to the fire is a slew of states joining the live and legal sports betting roster, including Arizona, South Dakota, and Wyoming. With BetMGM taking off, the casino giant’s cash hoard increasing and Entain viewed as the most likely UK-based company to be acquired before the end of 2021, speculation should intensify into year-end.Other Catalysts for MGM StockAs noted above, MGM’s balance sheet is flush with cash, and that capital could be deployed in areas that could drive more upside for the shares.“MGM will receive over billion in net cash proceeds from its sale of MGM Springfield and Citydrake casino lyrics Center real estate (following MGM’s acquisition of the 50% of City Center that is owned by Dubai World) and its divestiture of its residual ownership of its captive REIT – MGM Growth Partners,” said Bernstein’s Umansky.Last month, VICI Properties (NYSE:VICI) said it’s purchasing MGM Growth Properties (NYSE:MGP) for .2 billion in stock. The new projection implies upside of 39 percent from the Sept. (Image: Las Vegas Review-Journal)In a note to clients today, Bernstein analyst Vitaly Umansky upgraded the Mandalay Bay operator to “outperform” from “market perform,” while boosting his price target on MGM stock to .90 from .60. With BetMGM taking off, the casino giant’s cash hoard increasing and Entain viewed as the most likely UK-based company to be acquired before the end of 2021, speculation should intensify into year-end.Other Catalysts for MGM StockAs noted above, MGM’s balance sheet is flush with cash, and that capital could be deployed in areas that could drive more upside for the shares.“MGM will receive over billion in net cash proceeds from its sale of MGM Springfield and Citydrake casino lyrics Center real estate (following MGM’s acquisition of the 50% of City Center that is owned by Dubai World) and its divestiture of its residual ownership of its captive REIT – MGM Growth Partners,” said Bernstein’s Umansky.Last month, VICI Properties (NYSE:VICI) said it’s purchasing MGM Growth Properties (NYSE:MGP) for .2 billion in stock. He believes a fully vaccinated workforce will reduce such tragedy in the future.“The only real solution to encourage vaccinations is to require it — this is the best approach to protect everyone,” Siegel concluded.Vegas Vax Rates LagUS Rep. firekeepers casino slot winners yelp viejas casino |