santa ana star casino logoIn a note to clients earlier this week, Roth Capital analyst David Bain reiterated a “buy” rating on the stock, while lifting his price target on the shares to from , implying the shares can nearly double.Part of Bain’s enthusiasm for the shares is derived from expansion plans at the Bronco Billy’s property in Cripple Creek, Colo.Full House has spent million and earmarks an additional 0 million for ~300 rooms and suites, ~720 gaming positions ~300 parking spots and other amenities,” writes the analyst. 26 close.Because of the COVID-19 pandemic, the Illinois Gaming Board (IGB) hasn’t made a call on Waukegan bids. An analyst believes the stock can double. is oxford casino open 24 hoursThat decision is expected later this year. “Bronco Billy’s also benefits from legislative gaming expansion allowing new table game offerings, such as baccarat and pai gow poker, and removal of the 0 betting limit beginning May 2021.”Last November, Colorado voters approved Amendment 77, allowing for higher bet limits and new table games in the gaming towns of Black Hawk, Central City, and Cripple Creek.More Factors Favoring Full House StockBain notes his projection for Full House stock assumes a 15 percent return on investment from the Bronco Billy’s expansion, which the analyst says is the “low case.”However, that price forecast doesn’t include the company procuring any new iGaming operating rights or winning the competition to open and run a casino in Waukegan, Ill. lude: Red Rock Casino, Green Valley Ranch, Sunset Station, and Palace Station. golden nugget casino online reviews

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