2024.07.17
ruby slots instant playBank of America is reconfiguring its ratings on casino equities, and it’s moving Caesars Entertainment (NASDAQ:CZR) ahead of Wynn Resorts (NASDAQ:WYNN) on the list. . (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. hollywood casino york paExecutives from Genting Group and Hyatt Corporation gathered with local leaders to cut the ribbon on the 0 million Hyatt Regency JFK Airport at Resorts World New York. Prior to the coronavirus pandemic, the world’s largest casino center accounted for 70 percent of the operator’s earnings before interest, taxes, depreciation and amortization (EBITDA).Ongoing visa restrictions and lack of a travel bubble with Hong Kong are among the issues weighing on Macau concessionaires, including Wynn. That’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. choctaw casino durant poker chinook winds casino resort zoominfofree casino slots online no downloadWhile authorities there are reluctant to implement another casino shutdown, the situation is tenuous. The 0 million hotel is the latest investment Genting has made at the Queens casino, located at Aqueduct racetrack. New York City’s only casino got a little larger on Friday. kansas star casino events 2020That’s a boon for Caesars because it’s the second-largest operator on the Las Vegas Strip.Additionally, the company has limited international exposure and appears more interested in parting with what non-US assets it has than acquiring more. Prior to the coronavirus pandemic, the world’s largest casino center accounted for 70 percent of the operator’s earnings before interest, taxes, depreciation and amortization (EBITDA).Ongoing visa restrictions and lack of a travel bubble with Hong Kong are among the issues weighing on Macau concessionaires, including Wynn. That’s a boon for Caesars because it’s the second-largest operator on the Las Vegas Strip.Additionally, the company has limited international exposure and appears more interested in parting with what non-US assets it has than acquiring more. four winds casino covid blackjack casino de montrealel dorado casino en renoExecutives from Genting Group and Hyatt Corporation gathered with local leaders to cut the ribbon on the 0 million Hyatt Regency JFK Airport at Resorts World New York. Tourists walk past Caesars Palace Las Vegas. However, the prevailing wisdom among market observers is that the three US-based concessionaires — Las Vegas Sands, MGM, and Wynn — will likely have gaming permits renewed, along with their Asia-based rivals, next year.New York City’s only casino got a little larger on Friday. Bank of America is reconfiguring its ratings on casino equities, and it’s moving Caesars Entertainment (NASDAQ:CZR) ahead of Wynn Resorts (NASDAQ:WYNN) on the list. Today, CZR sits at <3% digital market share. borgata casino news desert diamond casino open |