2024.07.19
when is tachi palace casino openingBut it’s possible the company could be motivated by the price points on recent sales. But it’s possible the company could be motivated by the price points on recent sales. An analyst sees an asset sale looming. slot machine handheld casino games(Image: New York Post)The operator is the second-largest on the Las Vegas Strip, and has a deep portfolio of regional assets, both of which are setting quarterly records, says Stifel analyst Steven Wieczysnski. atalysts.Some analysts believe the current share price doesn’t reflect the potential for Golden to land an attractive route business contract in Pennsylvania, and most agree the .2 billion in unused Las Vegas real estate the operator owns isn’t adequately priced into the shares either. That’s a performance many investors may believe is attributable to the company’s expanding iGaming and sports wagering footprints. mohegan sun at pocono downs casino and racetrack harrah s casino council bluffsfree slots casino loginCaesars Palace, located on the Vegas Strip, seen above. “As one example, management has already begun to utilize sports betting marketing data to drive promotional decisions at the property (those customers would effectively be treated as unrated, otherwise).”Interested foxwoods resort casino 301 favoritesInterested However, some investors are pondering how long top-line and margin expansion is plausible as consumer stimulus fades.Management firmly sees these concerns as overblown, highlighting that (1) the current trend in the savings rate could imply tailwinds to the consumer through 2023 and (2) their overall cost structure is predominately ‘right-sized’ by this point, with any modest pockets of cost inflation likely offset by the return of the high margin group customer,” said the Stifel analyst.The Flamingo operator is one of Wall Street’s favorite gaming equities, a status accrued by management’s reputation for managing margins and generating free cash flow, among other factors.Asset Sale Could Be Another Spark for Caesars StockAmid recent Strip asset sales, including the Venetian and Sands Convention Center in March and the Cosmopolitan late last month, it’s possible Caesars opts to accelerate the timeline for divestment of one of its Las Vegas properties.Previously, the operator said such a transaction would not occur until next year. “As one example, management has already begun to utilize sports betting marketing data to drive promotional decisions at the property (those customers would effectively be treated as unrated, otherwise).”black oak casino job fair golden nugget casino las vegas phone numberclearwater casino foodIt also liquidated part of the inherited NeoGames (NASDAQ:NGMS) stake. But it is a rising player in the space.Caesars is using the .69 billion acquisition of William Hill to make a splash in iGaming and sports wagering. Former casino mogul Steve Wynn is once again trying to unload one of the most lavish and expansive mansions in Beverly Hills. This year, speculation is swirling about the fate of Paris and Planet Hollywood. Interested But it is a rising player in the space.Caesars is using the .69 billion acquisition of William Hill to make a splash in iGaming and sports wagering. roulette casino debin casino resorts dominican republic |