twin river casino spaAdding fuel to the fire is a slew of states joining the live and legal sports betting roster, including Arizona, South Dakota, and Wyoming. MGM stock could rise another 40 percent, says an analyst. Recently, the two operators forecast the North American internet casinos and online sports wagering markets will eventually be worth billion, up from billion today. jackson rancheria casino careersThe Golden Lion statue outside the entrance of the MGM hotel and casino on the Las Vegas strip, seen above. With BetMGM taking off, the casino giant’s cash hoard increasing and Entain viewed as the most likely UK-based company to be acquired before the end of 2021, speculation should intensify into year-end.Other Catalysts for MGM StockAs noted above, MGM’s balance sheet is flush with cash, and that capital could be deployed in areas that could drive more upside for the shares.“MGM will receive over billion in net cash proceeds from its sale of MGM Springfield and Citytrusted online casino no deposit bonus Center real estate (following MGM’s acquisition of the 50% of City Center that is owned by Dubai World) and its divestiture of its residual ownership of its captive REIT – MGM Growth Partners,” said Bernstein’s Umansky.Last month, VICI Properties (NYSE:VICI) said it’s purchasing MGM Growth Properties (NYSE:MGP) for .2 billion in stock. 10 close.Our view on MGM during 2021 has been too conservative and we have not given MGM enough credit on the progress made in its interactive strategy through BetMGM,” said the analyst.BetMGM is a 50/50 joint venture between MGM and Entain Plc (OTC:GMVHY). chumba casino online

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