2024.07.18
slot king casinoHe notes that as more of them get vaccinated, pent-up demand will be unleashed as soon as this year. Neither the billionaire nor his family have been involved in the gaming industry for many years.The building has been crumbling in recent years, and the towering structure has been a stark reminder of the region’s economic difficulties over the past decade-plus. (Image: Barron’s)In a note to clients today, Stifel analyst Steven Wieczynski reiterates a “buy” rating on Caesars stock, while lifting his price target on the name to 5 from . mohegan sun casino ownerThe building has been vacant since 2014. Adding up the aforementioned points creates a potentially lucrative deleveraging missive, according to Wieczynski.“Every catalyst we pointed out should help drive leverage lower. 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. free slot machines without signing in island view casino near biloxi mschumba casino errorThe 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. Two 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. s more upside where that came from for the Harrah’s operator. morongo casino phone number“Once the deal closes, we would expect management to start laying out more details behind a possible sports betting/iGaming spinout, or what the earnings power of the 100% controlled entity could look like.”The analyst says another potential spark for Caesars is the 55 and up age demographic. Much of that debt is junk-rated, meaning higher interest expense.It could take some time, but trimming that burden is possible. s more upside where that came from for the Harrah’s operator. online casino real money reddit hollywood casino niles ohiofree slot games australiaHe closed theThe 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 abatlantica golden palace casinoout the long-term possibilities behind CZR’s sports betting/iGaming platform,” said Wieczynski. It closed in September of 2014 and has sat vacant since.Trump departed DC this week after serving one term. “Once the deal closes, we would expect management to start laying out more details behind a possible sports betting/iGaming spinout, or what the earnings power of the 100% controlled entity could look like.”The analyst says another potential spark for Caesars is the 55 and up age demographic. The building has been vacant since 2014. s more upside where that came from for the Harrah’s operator. seminole casino expansion bicycle casino tournament blog |