2024.07.12
chukchansi casino dreb codeCaesars Palace Las Vegas, seen here. (Image: AP)Conceived by former President Donald Trump, the Boardwalk casino resort opened in May of 1984. He notes that as more of them get vaccinated, pent-up demand will be unleashed as soon as this year. riversweeps online casino app iphone(Image: AP)Conceived by former President Donald Trump, the Boardwalk casino resort opened in May of 1984. 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. 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 abslotocash casino free 31out the long-term possibilities behind CZR’s sports betting/iGaming platform,” said Wieczynski. phone number for tachi palace casino mgm casino yonkers new yorkfree casino cash no deposit usaIt hasn’t been the billionaire corporate raider’s best bet.Icahn’s acquisition of TER included two properties, both in Atlantic City. Adding up the aforementioned points creates a potentially lucrative deleveraging missive, according to Wieczynski.“Every catalyst we pointed out should help drive leverage lower. Seen here in 1994 outside his Trump Plaza, the last casino to bear Donald Trump’s last name will come down next month. online casino real money cash outTwo days after Presidents’ Day next month, the ex-president’s former casino will fall.It will ceremonially mark the end of Trump’s casino career. Trump Plaza in Atlantic City is scheduled for demolition on February 17. Much of that debt is junk-rated, meaning higher interest expense.It could take some time, but trimming that burden is possible. slot machines at jamul casino paragon casino pet friendlyfoxwood resort casino arcadeExperts question the effectiveness of that protocol and the limits on guests crimps Caesars, which runs 17 gaming venues in the Silver State.Catalysts Can Outlast COVID-19As the second-largest operator on the Las Vegas Strip, Caesars stock is long regarded as a play on vaccine distribution and an economic rebound in the largest domestic gaming hub. He closed theTrump 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. s more upside where that came from for the Harrah’s operator. The new forecast implies upside of more than 25 percent from current levels.While COVID headwinds could pressure near-term estimates as travel/gathering restrictions remain in place (and could get worse), we believe CZR remains well positioned long-term as the world eventually recovers from this pandemic, given their compelling asset mix (Vegas/regionals/sports betting/iGaming),” said the analyst.Earlier this month, Nevada Gov. raging bull casino usa lake tahoe casinos poker |