twin river casino yelpWhile 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. (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. DraftKings (NASDAQ:DKNG) is attempting to acquire Entain Plc (OTC:GMVHY), MGM’s partner in the BetMGM venture.MGM Deserves More Credit forhow does foxwoods online work TransformationMGM is one of the pioneers of the asset-light strategy in the gaming industry, having significantly whittled its property holdings to become a leaner, cash-rich operating company. free online poker omaha pot limitMGM Resorts International (NYSE:MGM) is the largest operator on the Las Vegas Strip, and the shares are up 41 percent year-to-date. This should change now that business is being streamlined,” said Chaiken in the note. The location is just south of its Sands Regency casino, between W. poker casino knokke

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what is the best online casino for rouletteMGM’s Golden Lion, seen above. 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 from.8 percent, and Asians just four percent.firekeepers casino raceMGM’s Golden Lion, seen above. (Image: Las Vegas Review-Journal)In a note to clients today, Credit Suisse analyst Benjamin Chaiken upgrades the Bellagio operator to “outperform” from “neutral,” with price target. 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 fromsunset station casino entertainment

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kansas star casino woodfire grillAn analyst thinks it can soar another 50 percent. 5th Street between Washington and Ralston streets. .8 percent, and Asians just four percent.Chaiken’s call is sparking an impressive rally in MGM stock, sending it higher by more than seven percent on volume that’s already more than double the daily average.MGM is a consensus Neutral name, in part due to a ‘conglomerate discount,’ but we think sentiment will improve. Jacobs Entertainment unveiled three components of the company’s billion Reno Neon Line District undertaking in the Nevada city. Jacobs says it will develop, own, and lease the condos.Jacobs additionally announced two apartment projects in the district. youtube brian christopher slots today