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4 winds casino poker roomRiley’s Bain says the gaming company could imminently return to its acquisitive ways, and that could potentially trigger more than doubling of the share price.“CNTY represents a scarce casino operator value play that could potentially double earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) through domestic acquisitions by CY23E, creating per-share value of over , in our view,” said the analyst. The casino company owned by the Seminole Tribe of Florida then invested more than half a billion dollars to transform the India-themed property with turrets, minarets, and fake gold into a rock ‘n roll gaming resort destination.Now, less than three years later, Hard Rock is dumping another million into its Atlantic City footprint.Sixty-six Celebrity and 25 Roxy suites will be renovated, and all standard rooms were recently upgraded with new flat-screen televisions and LED lighting. “We need to reinvigorate Atlantic City,” Lupo told the Associated Press. lake tahoe casino explosionAtlantic City is warming up, and guests are seen here enjoying the boardwalk. Riley’s David Bain initiated coverage of the gaming equity with a “buy” rating and an price target. An analyst sees more upside ahead for the stock. gold coast casino new years eve

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clearwater casino summer concerts 2021The pandemic resulted in gross operating profits plunging more than 80 percent. That easily makes it one of the best-performing gaming equities. That implies appreciation potential of about 38 percent from the April 30 close.CNTY’s properties are locals-based, which we believe are benefiting from multiple drivers in the current environment, including the vaccine drive and fiscal stimulus,” said Bain in a note to clients.Those factors, coupled with the stock’s ascent, confirm analysts and investors are prizing Century for its US exposure, because the shares are soaring even as the operator contends with temporary closures of venues in Canada and Poland.In the US, Century’s roster consists of a pair of casinos in its home state of Colorado, as well as Missouri and West Virginia.Century Stock Could Be Moved by AcquisitionsWhile Century’s portfolio of domestic properties is small compared to some rivals in the regional casino space, the operator is beloved by some analysts because management has a reputation for effectively integrating bolt-on acquisitions.At the end of last year, the company had .4 million in cash on hand, and with Century stock soaring, it has currency to go shopping. watch blackjack 1998 online freeThe million investment round will also bring a Starbucks to the boardwalk, additional slot machines to the casino floor, and new outdoor beach amenities. Those properties like Hard Rock that are in it for the long run are investing their dollars now.”Other Attractions Coming to ACShowboat owner Bart Blatstein believes Atlantic City must be more than casinos to attract new visitors. The pandemic resulted in gross operating profits plunging more than 80 percent. play the slot machine casino

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online slots real money no deposit bonus“We need to reinvigorate Atlantic City,” Lupo told the Associated Press. “With declining revenue, there are only so many visitors out there. After soaring more than 23 percent this week, Century Casinos (NASDAQ:CNTY) is up 106 percent year-to-date. Hard Rock is investing another million into its casino resort. (Image: Pinterest)Thoseo bellagio las vegas just now discovering the regional casino operator can take heart, because analysts see more upside coming for the shares. Atlantic City is warming up, and guests are seen here enjoying the boardwalk. sam s town casino memphis tn

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