2024.07.19
mohegan sun casino and resortThat’s a move Wall Street likes, because the company significantly defrayed that purchase price by selling William Hill’s international assets for billion. (Image: New York Post)The operator is the second-largest on the Las Vegas Strip, and has a deep portfolio of regional assets, both of which are setting quarterly records, says Stifel analyst Steven Wieczysnski. (Image: New York Post)The operator is the second-largest on the Las Vegas Strip, and has a deep portfolio of regional assets, both of which are setting quarterly records, says Stifel analyst Steven Wieczysnski. turtle lake casino danbury wisconsinBut it is a rising player in the space.Caesars is using the .69 billion acquisition of William Hill to make a splash in iGaming and sports wagering. An analyst sees an asset sale looming. (Image: New York Post)The operator is the second-largest on the Las Vegas Strip, and has a deep portfolio of regional assets, both of which are setting quarterly records, says Stifel analyst Steven Wieczysnski. online gambling georgia viejas casino pokerblack oak casino modesto caBut Caesars hasn’t publicly said that those are the venues it’s prioritizing in potential sales.“Furthermore, while management has historically indimohegan sun casino uconncated 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. It also liquidated part of the inherited NeoGames (NASDAQ:NGMS) stake. This year, speculation is swirling about the fate of Paris and Planet Hollywood. draftkings casino bonus(Image: New York Post)The operator is the second-largest on the Las Vegas Strip, and has a deep portfolio of regional assets, both of which are setting quarterly records, says Stifel analyst Steven Wieczysnski. But it is a rising player in the space.Caesars is using the .69 billion acquisition of William Hill to make a splash in iGaming and sports wagering. It also liquidated part of the inherited NeoGames (NASDAQ:NGMS) stake. blackjack online ekşi black lotus casino active bonus codesparagon casino phone numberThat’s a performance many investors may believe is attributable to the company’s expanding iGaming and sports wagering footprints. “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).”This year, speculation is swirling about the fate of Paris and Planet Hollywood. “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. That’s a performance many investors may believe is attributable to the company’s expanding iGaming and sports wagering footprints. atalysts.Some analysts believe the current share price doesn’t reflect the potential for Golden to land an attractive route business contract in Pennsylvania, and most agree the .2 billion in unused Las Vegas real estate the operator owns isn’t adequately priced into the shares either. jamul casino employment admiral casino doncaster |