2024.07.17
santa ana casino gift shopAlong with the shuttered Trump Plaza, the deal delivered Icahn ownership of Trump Taj Mahal. It hasn’t been the billionaire corporate raider’s best bet.Icahn’s acquisition of TER included two properties, both in Atlantic City. Seen here in 1994 outside his Trump Plaza, the last casino to bear Donald Trump’s last name will come down next month. seminole casino i 40Add 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. It closed in September of 2014 and has sat vacant since.Trump departed DC this week after serving one term. The 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. seneca niagara casino hotel packages morongo casino appthe online casino no deposit bonus codeAtlantic City officials are celebrating with an implosion viewing party. It hasn’t been the billionaire corporate raider’s best bet.Icahn’s acquisition of TER included two properties, both in Atlantic City. Along with the shuttered Trump Plaza, the deal delivered Icahn ownership of Trump Taj Mahal. black oak casino weddingAn analyst sees a lot to like with the stock. It closed in September of 2014 and has sat vacant since.Trump departed DC this week after serving one term. The building has been vacant since 2014. big fish casino won t load black oak casino willow creek loungevalley forge casino gamesThe 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. The building has been vacant since 2014. (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 . Two days after Presidents’ Day next month, the ex-president’s former casino will fall.It will ceremonially mark the end of Trump’s casino career. 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. Trump Plaza in Atlantic City is scheduled for demolition on February 17. casino near me tulsa ok harrah s cherokee casino new construction |