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casino theme party ideas(Image: Las Vegas Review-Journal)In a note to clients today, the bank upgrades the Caesars Palace operator to “buy” from “neutral,” while paring its rating on Wynn to “neutral” from “buy.” Bank of America is enthusiastic about Caesars’ increasing exposure to the fast-growing iGaming and sports wagering industries.We think CZR can transform (again) into an omni-channel winner, with accelerating online market share. Today, CZR sits at <3% digital market share. That transaction, for which a buyer is expected to be announced in the fourth quarter, will drum up proceeds Caesars can use to fund its online expansion efforts.“To fund this transition, CZR now has a strong, cash generative land-based casino business that should deleverage rapidly and throw off meaningful cash flow3kings online casino,” said Bank of America.Wynn Plagued by MacauIn downgrading Wynn, Bank of America highlights the familiar issue of Macau. online 50 50 gamblingThe number of visitors who traveled to Southern Nevada in June totaled almost 13.5 million people. The lobby connecting the hotel to the casino is large enough to hold art exhibits and events like musical performances.Genting Americas East President Bob DeSalvio said opening the world-class hotel was a perfect wThe stipulation applies to Hawaii residents returning after venturing off the islandsMain Street reopening is a major tell that Boyd Gaming execs believe traffic from Hawaii is returning, and will continue to increase. online gambling win real money

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resorts casino tier matchThat’s following last week’s news of a local family of four contracting COVID-19, representing the special administrative region’s (SAR) first cases in over 500 days.Bank of America also mentioned geopolitical tensions between the US and China as a potential drag on Wynn stock. That transaction, for which a buyer is expected to be announced in the fourth quarter, will drum up proceeds Caesars can use to fund its online expansion efforts.“To fund this transition, CZR now has a strong, cash generative land-based casino business that should deleverage rapidly and throw off meaningful cash flow3kings online casino,” said Bank of America.Wynn Plagued by MacauIn downgrading Wynn, Bank of America highlights the familiar issue of Macau. More positive news is that the average number of vehicles in June that drove across I-15 at the Nevada and California border was up 10 percent in June 2019.online casino etfToday, CZR sits at <3% digital market share. Bank of America prefers that operator’s stock to Wynn Resorts. (Image: Resorts World New York City)The eight-story hotel features 400 rooms, including 34 suites, and other amenities – including a Sugar Factory café. clearwater casino tribe

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tachi palace casino covid 19Though that’s down 36 percent from pre-pandemic June 2019, it’s a 39 percent gain on June 2020. . But we think this is poised to rise via a large .5B budget ov3kings online casinoer the next 2.5 years, strong front end partnerships (ESPN, CBS, NFL), and an experienced back end and tech team powered by William Hill, and Total Rewards,” said the bank.Last week, Caesars unveiled the new look of Caesars Sportsbook while saying it plans to spend at least billion over the next couple of years as it looks to catch up to rivals such as FanDuel, DraftKings, and BetMGM.For Caesars, Domestic Is BetterPart of the reason Bank of America is bullish on Caesars is the operator’s heavily domestic footprint, which levers it to strength in regional markets, as well as the ongoing recovery in Las Vegas.While a new mask mandate has come to Nevada, stoking concern about the outlook for convention and meeting business into year-end, Sin City is still recovering from the coronavirus pandemic faster than Macau. New York City’s only casino got a little larger on Friday. While authorities there are reluctant to implement another casino shutdown, the situation is tenuous. Though that’s down 36 percent from pre-pandemic June 2019, it’s a 39 percent gain on June 2020. wild horse pab casino phoenix

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