2024.07.12
bovada casino kenoWhile authorities there are reluctant to implement another casino shutdown, the situation is tenuous. . Visitor volumes to Las Vegas have consistently improved in each month this year. harrah s cherokee casino clubTourists walk past Caesars Palace Las Vegas. More positive news is that the average number of vehicles in June that drove across I-15 at the Nevada and California border was up 10 percent in June 2019.That includes the sale of William Hill’s betting shops and the European online gaming business. angel of the winds casino buffet twin river casino in rhode islandfirekeepers casino event centerTourists walk past Caesars Palace Las Vegas. The number of visitors who traveled to Southern Nevada in June totaled almost 13.5 million people. That’s when the Big Apple’s newest hotel opened in Queens. the wynn hotel vegasHowever, the prevailing wisdom among market observers is that the three US-based concessionaires — Las Vegas Sands, MGM, and Wynn — will likely have gaming permits renewed, along with their Asia-based rivals, next year.That transaction, for which a buyer is expected to be announced in the fourth quarter, will drum up proceeds Caesars can use to fund its online expansion efforts.“To fund this transition, CZR now has a strong, cash generative land-based casino business that should deleverage rapidly and throw off meaningful cash flow3kings online casino,” said Bank of America.Wynn Plagued by MacauIn downgrading Wynn, Bank of America highlights the familiar issue of Macau. Though that’s down 36 percent from pre-pandemic June 2019, it’s a 39 percent gain on June 2020. brian christopher slots actor foxwoods online facebookcasino slot winners youtube(Image: Las Vegas Review-Journal)In a note to clients today, the bank upgrades the Caesars Palace operator to “buy” from “neutral,” while paring its rating on Wynn to “neutral” from “buy.” Bank of America is enthusiastic about Caesars’ increasing exposure to the fast-growing iGaming and sports wagering industries.We think CZR can transform (again) into an omni-channel winner, with accelerating online market share. . That includes the sale of William Hill’s betting shops and the European online gaming business. Bank of America prefers that operator’s stock to Wynn Resorts. However, the prevailing wisdom among market observers is that the three US-based concessionaires — Las Vegas Sands, MGM, and Wynn — will likely have gaming permits renewed, along with their Asia-based rivals, next year.That’s following last week’s news of a local family of four contracting COVID-19, representing the special administrative region’s (SAR) first cases in over 500 days.Bank of America also mentioned geopolitical tensions between the US and China as a potential drag on Wynn stock. online casino no deposit bonus codes 2021 usa used casino poker table |