2024.07.17
is winstar kid friendlyIn addition to the new coverage on Caesars, he downgraded MGM Resorts International (NYSE:MGM) to “sell” from “hold,” while reiterating a “buy” rating on Penn National Gaming (NASDAQ:PENN).Not Too GloomyWhile a “neutral” grade on a stock may imply some level of mediocrity, Grambling isn’t entirely negative on Caesars.He reminds investors the company offers plenty of catalysts over the next six to 12 months, including property reopenings, management focus on realizing at least 0 million in savings via the aforementioned takeover, and cash-generating asset sales. That’s a massive mountain of debt, considering Caesars’ market capitalization of .16 billion as of the Sept. Next up on the divestment front could be gaming properties in Indiana, followed later by a Las Vegas Strip asset.Grambling, as so many of his colleagues previously have, also highlighted the possibility island view casino entertainment scheduleof an announcement from Caesars management on the fate of the iGaming and sports betting business. hard rock casino and hotel wheatland ca 95692(Image: NY Post)Today, analyst Stephen Grambling initiated coverage of the newly formed casino goliath with a “hold” rating and a price target, implying modest upside from the close around .90. ble games cannot be put into use unless physical barriers are in place between players.The higher financial risk of which the Goldman analyst speaks is the .7 billion in debt the Bally’s operator carries as of June 30. free casino win real money firekeepers online casino in michiganjeu caesar casinoBut today wasn’t a typical dayisland view casino entertainment schedule for Caesars.Grambling’s assessment on the stock is undoubtedly lukewarm and, on a standard day, probably would’ve sent the shares lower. (Image: Las Vegas Review-Journal)Circa has announced on its website that the neon cowgirl, in her white, fringed outfit, will reside inside the hotel-casino. Goldman Sachs isn’t crazy about Caesars stock, but the bank acknowledges catalysts. 9 casino streetOn volume that was well above the daily average, Caesars stock surged 9.52 percent to start the week after the company said it reached a deal with ESPN whereby links to the operator’s sportsbooks will be accessible through ESPN.com and the network’s mobile and fantasy sports apps.Rival DraftKings (NASDAQ:DKNG) booked a similar pact with the worldwide leader in sports, prompting research firm Jefferies to say the agreements are good news for both gaming companies.For his part, Goldman’s Grambling was busy today. The sign has been restored and is inside the new downtown hotel-casino. In addition to the new coverage on Caesars, he downgraded MGM Resorts International (NYSE:MGM) to “sell” from “hold,” while reiterating a “buy” rating on Penn National Gaming (NASDAQ:PENN).Not Too GloomyWhile a “neutral” grade on a stock may imply some level of mediocrity, Grambling isn’t entirely negative on Caesars.He reminds investors the company offers plenty of catalysts over the next six to 12 months, including property reopenings, management focus on realizing at least 0 million in savings via the aforementioned takeover, and cash-generating asset sales. bicycle casino video game youtube slots brian christopherfree casino slot games no depositIn addition to the new coverage on Caesars, he downgraded MGM Resorts International (NYSE:MGM) to “sell” from “hold,” while reiterating a “buy” rating on Penn National Gaming (NASDAQ:PENN).Not Too GloomyWhile a “neutral” grade on a stock may imply some level of mediocrity, Grambling isn’t entirely negative on Caesars.He reminds investors the company offers plenty of catalysts over the next six to 12 months, including property reopenings, management focus on realizing at least 0 million in savings via the aforementioned takeover, and cash-generating asset sales. That figure is a combination of what the old Eldorado Resorts brought to the table in acquiring Caesars and the .8 billion in liabilities the buyer assumed from the target. But a couple of others in addition to Grambling rate it a “hold.” The Goldman analysts price forecast isn’t far off the Wall Street consensus of .67.But today wasn’t a typical dayisland view casino entertainment schedule for Caesars.Grambling’s assessment on the stock is undoubtedly lukewarm and, on a standard day, probably would’ve sent the shares lower. In addition to the new coverage on Caesars, he downgraded MGM Resorts International (NYSE:MGM) to “sell” from “hold,” while reiterating a “buy” rating on Penn National Gaming (NASDAQ:PENN).Not Too GloomyWhile a “neutral” grade on a stock may imply some level of mediocrity, Grambling isn’t entirely negative on Caesars.He reminds investors the company offers plenty of catalysts over the next six to 12 months, including property reopenings, management focus on realizing at least 0 million in savings via the aforementioned takeover, and cash-generating asset sales. The iconic Vegas Vickie sign that towered over Fremont Street for decades has found a home inside a new casino nearing completion in downtown Las Vegas. island resort and casino hair salon red stag free bonus codes |