2024.07.17
turtle lake casino openIn announcing the Palms sale, the operator didn’t comment on the fate of those venues.That venue generated record EBITDA in the first quarter.While the operator has a heavy footprint in its home state, it’s not dependent on Strip traffic and trends. (Image: AL.com)Senate Bill 319 passed the Alabama Senate last month by a 23-9 vote. encore casino hours todayThe state lawmakers had a busy legislative day yesterday, but could not come to an agreement on the possible expansion of casino gambling and legalization of a lottery. In announcing the Palms sale, the operator didn’t comment on the fate of those venues.Bain’s new price target implies upside of almost 68 percent from where the casino stock closed on Thursday.Going with Golden StockLas Vegas-based Golden operates 10 casinos, nine of which are in Southern Nevada, including the Strat. twin river casino chips chumba casino offersjohnny rockets twin river casinoEven with that significant percentage, the analyst argues the operator’s locals exposure is “underappreciated” by the investment community.“LVL and regional play is benefiting from near-term and long-term drivers, including increasing capacity allowances and the vaccine rollout working a return of a core older demographic,” said Bain.Golden: ‘More Special’Owing to impressive margin expansion, rising vaccination levels, and pent-up demand, there’s no shortage of enthusiasm for regional gaming equities. The odds are lengthening for Alabama voters being asked next November if they want to legalize a state-run lottery and add more casinos, including full-scale gaming with traditional slot machines and table games. Everybody was just really upset at the way things were,” House Speaker Mac McCutcheon (R-District 25) told reporters. free slot machines casino worldThat’s after an analyst swiftly upped his price target on the Strat operator. Analysts issuing the same grades on stocks with updated price estimates is an everyday occurrence in financial markets. Rather, it’s more levered to the fast-recovering Las Vegas locals (LVL) segment and favorable demographic trends, such as the influx of retirees from cold-weather states to Nevada, and Californians fleeing high taxes.For investors, those points are relevant because, as Bain points out, the LVL market accounts for 85 percent of Golden’s EBITDA. q casino dubuque blackjack in casinotwin river casino lincoln riThe odds are lengthening for Alabama voters being asked next November if they want to legalize a state-run lottery and add more casinos, including full-scale gaming with traditional slot machines and table games. Everybody was just really upset at the way things were,” House Speaker Mac McCutcheon (R-District 25) told reporters. Bain’s new price target implies upside of almost 68 percent from where the casino stock closed on Thursday.Going with Golden StockLas Vegas-based Golden operates 10 casinos, nine of which are in Southern Nevada, including the Strat. Operator Golden Entertainment is soaring today. “Further, the introduction of the Raiders, new Strip capacity, and strong housing values correlate to make GDEN’s portfolio more ‘special’ than other regional casino companies, in our view.”Almost currently isn’t factored into the Golden stock price, according to Bain. But the gaming expansion package has been met with much more controversy in the state’s lower legislative chamber. jamul casino promotion pa online casino apps real money |