clearwater casino winners(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 . The pace of that recovery remains sluggish, but there’s more to the story than just Sin City assets.“The William Hill deal closes late-1Q to early-2Q which should cause investors to start thinking more ablake tahoe casinos newsout the long-term possibilities behind CZR’s sports betting/iGaming platform,” said Wieczynski. He notes that as more of them get vaccinated, pent-up demand will be unleashed as soon as this year. liberty online casino no deposit bonusSteve Sisolak (D) extended for 30 days the policy that casinos, bars, and restaurants must cap capacity at 25 percent to stem the spread of the coronavirus. Any deleveraging event that CZR can participate in will only drive the equity value higher, given leverage is one of the biggest overhangs on this story,” he writes.Firming up the balance sheet is vital, because Caesars carried .2 billion in liabilities as of the end lake tahoe casinos newsof the third quarter. today announced the February 17 implosion date.End of Trump Entertainment ResortsCarl Icahn took control of Trump Entertainment Resorts (TER) in 2016. e fortuna live casino

black hawk casino food

bicycle casino 100 millionHe closed the“Once the deal closes, we would expect management to start laying out more details behind a possible sports betting/iGaming spinout, or what the earnings power of the 100% controlled entity could look like.”The analyst says another potential spark for Caesars is the 55 and up age demographic. The smaller north hotel tower will remain, as will the rear parking garage across Pacific Avenlake tahoe casinos newsue.Atlantic City Mayor Marty Small Sr. angel of the winds casino jackpot winnersWieczynski says Caesars can top the 0 million in cost efficiencies promised through last year’s merger with Eldorado Resorts, and that the operator could generate as much as .75 a share in free cash flow by 2023.(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 . Much of that debt is junk-rated, meaning higher interest expense.It could take some time, but trimming that burden is possible. sycuan casino phone

chinook winds casino food

casino table games for homeSteve Sisolak (D) extended for 30 days the policy that casinos, bars, and restaurants must cap capacity at 25 percent to stem the spread of the coronavirus. 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. 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. “Once the deal closes, we would expect management to start laying out more details behind a possible sports betting/iGaming spinout, or what the earnings power of the 100% controlled entity could look like.”The analyst says another potential spark for Caesars is the 55 and up age demographic. Steve Sisolak (D) extended for 30 days the policy that casinos, bars, and restaurants must cap capacity at 25 percent to stem the spread of the coronavirus. doubledown casino offline