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2024.07.08
sycuan casino is it openJPMorgan is bullish on the new Caesars stock, citing regional casinos and sports betting. JPMorgan is bullish on the new Caesars stock, citing regional casinos and sports betting. In one of the best days in its new form, Caesars Entertainment (NASDAQ:CZR) is higher by nine percent in midday trading. turtle creek casino check out timeThe stock raced to a new 52-week high after Goldman Sachs initiated coverage of the gaming company with a “buy” rating. (Image: St. At the time, the deal was mostly praised, though some analysts expressed reservations about the price, citing the operator’s high debt burden.The casino company can eventually acquire the sportscasino pier water park hallmark casino welcome 300peppermill casino arcadeCiting frequently discussed factors, such as strength in the operator’s regional portfolios and sports wagering, JPMorgan calls the new Caesars an “attractive” opportunity among gaming equities.We view CZR as a high-risk, high-reward stock (35% upside) for investors seeking exposure to the recovery of the US regional gaming market, which has a permanently lower operating expense structure that should yield higher than historical margins,” said the bank in a note to clients.Better-than-expected traffic and higher margins, particularly at properties in the South, are propping up Caesars’ regional portfolio. Shares of Penn National Gaming (NASDAQ:PENN) are higher by more than seven percent Thursday. Caesars Palace in Atlantic City. borgata online casino loginBut I want to understand how people are thinking about school, no school, is the summer travel going to extend itself through September?”Barstool Sports and founder David Portnoy, seen here, are big reasons Goldman Sachs is bullish on Penn National Gaming. (Image: CNBC)It’s been less than a month since the company formerly known as Eldorado Resorts completed its .3 billion takeover of Caesars, assuming that venerable name in the process. hollywood casino vegas big dollar casino no deposit bonus codes 2021hallmark casino 2021JPMorgan is bullish on the new Caesars stock, citing regional casinos and sports betting. That’s while the operator waits for destination markets, namely Las Vegagolden palace casino tattoo foreheads, to rebound from the ill effects of the coronavirus pandemic.Sports Betting SurgeJPMorgan speaks glowingly about Caesars’ exposure in the online casinos and sports wagering markets, segments that have the investment community currently enthralled.Previously, Caesars was a retail sports betting behemoth with a growing internet casino operation in states where that activity is permitted. Caesars Palace in Atlantic City. Shares of Penn National Gaming (NASDAQ:PENN) are higher by more than seven percent Thursday. (Image: St. Barstool Sports and founder David Portnoy, seen here, are big reasons Goldman Sachs is bullish on Penn National Gaming. las atlantis casino sign up riverwind casino norman ok |