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choctaw casino ownerMGM stock isn’t getting the credit it deserves. This should change now that business is being streamlined,” said Chaiken in the note. A map showcasing the borders of the Reno Neon Line District is seen. desert diamond casino sahuaritaA map showcasing the borders of the Reno Neon Line District is seen. The company is the owner and operator of the Sands Regency Casino Hotel. While those asset sales have been taking place for two years, Credit Suisse’s Chaiken argues the stock isn’t getting enough credit for the company’s transformation.“MGM has gone through a transformation, recently announcing four transactions, and we believe the market is not giving full credit,” said the analyst.The operator’s recent spate of deal-making includes purchasing the operating rights of the Cosmopolitan on the Strip for about .6 billion, acquiring the 50 percent of City Center it didn’t previously own and using that transaction to sell the real estate of Aria and Vdara to Blackstone for $.89 billion and VICI Properties’ (NYSE:VICI) .2 billion all-stock acquisition of MGM Growth Properties (NYSE:MGP).That takeover efficiently monetizes MGM’s .4 billion stake in the real estate investment trust (REIT), and the gaming company is getting a one percent interest in the new VICI.Those transactions make MGM a “cleaner, more simplified organization, with a more attractive capital structure,” said Chaiken.Options for Cash, Limited Macau ImpactAs Chaiken notes, MGM could buyback a significant chunk of its .57 billion in market capitalization with its billion in cash. chumba casino real hard rock casino biloxithunder valley casino einJacobs says it will develop, own, and lease the condos.Jacobs additionally announced two apartment projects in the district. The company currently operates Sands, as well as Gold Dust West casinos in Reno, Carson City, and Elko, and The Gilpin and Lodge casinos in Black Hawk, Co.The Neon Line District stretches from2nd and 3rd streets. nugget casino reno restaurants(Image: Reno)Jacobs Entertainment CEO Jeff Jacobs confirmed over the weekend to the Reno Gazette-Journal that a new condominium complex with 130 units will be developed. Jacobs Entertainment, the owner of the Sands Regency Casino and the primary driving force behind the district development, says its first step in making the project a reality involves building a condominium complex and two apartment buildings. An analyst thinks it can soar another 50 percent. sycuan casino hotel rooms nearest casino to jacksonville floridahard rock hotel casino lake tahoe expediaMGM Resorts International (NYSE:MGM) is the largest operator on the Las Vegas Strip, and the shares are up 41 percent year-to-date. But one analyst is making the case the stock isn’t adequately appreciated. An analyst thinks it can soar another 50 percent. An analyst thinks it can soar another 50 percent. That implies upside of more than 53 percent from the Oct. 2nd and 3rd streets. wild horse pab casino dinosaurs lincoln online casino no deposit bonus |