boomtown casino shreveport events(Image: Las Vegas Review-Journal)In a note to clients today, Bernstein analyst Vitaly Umansky upgraded the Mandalay Bay operator to “outperform” from “market perform,” while boosting his price target on MGM stock to .90 from .60. Sports betting will be a key contributor. That results in a .4 billion windfall and a one percent stake in the new company for MGM.eldorado casino hotel reno(Image: Las Vegas Review-Journal)In a note to clients today, Bernstein analyst Vitaly Umansky upgraded the Mandalay Bay operator to “outperform” from “market perform,” while boosting his price target on MGM stock to .90 from .60. Recently, the two operators forecast the North American internet casinos and online sports wagering markets will eventually be worth billion, up from billion today. Sports betting will be a key contributor. coushatta casino table games

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wild casino onlineStanley Mallin, who built Caesars Palace with his busStanley Mallin, who built Caesars Palace with his busDina Titus (D-Las Vegas) is supportive of Biden’s new mandate that requires all Strip casinos to force vaccination, or test unvaccinated personnel weekly.“You want the jobs back, you want the conventions back, you want the fun times back, then we have to make recovering the priority and getting those shots in arms,” Titus declared.Titus says it’s a better alternative to ongoing operating restrictions that many have labeled as draconian.Customers don’t want to come if they feel like they’re going in a hospital to gamble,” the Congresswoman opined.Las Vegas is lagging in terms of vaccination rates compared with the rest of the country. hollywood casino seating chartWith BetMGM taking off, the casino giant’s cash hoard increasing and Entain viewed as the most likely UK-based company to be acquired before the end of 2021, speculation should intensify into year-end.Other Catalysts for MGM StockAs noted above, MGM’s balance sheet is flush with cash, and that capital could be deployed in areas that could drive more upside for the shares.“MGM will receive over billion in net cash proceeds from its sale of MGM Springfield and Cityblack oak casino evacuation Center real estate (following MGM’s acquisition of the 50% of City Center that is owned by Dubai World) and its divestiture of its residual ownership of its captive REIT – MGM Growth Partners,” said Bernstein’s Umansky.Last month, VICI Properties (NYSE:VICI) said it’s purchasing MGM Growth Properties (NYSE:MGP) for .2 billion in stock. It is noting that BetMGM is currently the top iGaming operator and number three online sportsbook provider as measured by daily activblack oak casino evacuatione users.Sports Betting Ebullience Running HighThe arrival of football season has Wall Street enthusiastic about the prospects for gaming equities with significant sports wagering exposure, including MGM.Football is the most wagered-on sport in the US. Stanley Mallin, who built Caesars Palace with his busyou tube brian christopher slots

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caesar casino and sportsRecently, the two operators forecast the North American internet casinos and online sports wagering markets will eventually be worth billion, up from billion today. The new projection implies upside of 39 percent from the Sept. That is 10 percent below the national vaccination average for the population aged 12 and older.It’s also possible Connecticut, Louisiana, and Maryland joins the party prior to the end of the 2021 football season.Analysts expect football wagering will be a key contributor to gaming operators’ third-quarter earnings reports, with substantial carry over into the fourth quarter. It’s also possible Connecticut, Louisiana, and Maryland joins the party prior to the end of the 2021 football season.Analysts expect football wagering will be a key contributor to gaming operators’ third-quarter earnings reports, with substantial carry over into the fourth quarter. MGM stock could rise another 40 percent, says an analyst. clearwater casino number