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2024.07.18
fantasy springs casino slotsAtlantic City officials are celebrating with an implosion viewing party. (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 . Seen here in 1994 outside his Trump Plaza, the last casino to bear Donald Trump’s last name will come down next month. foxwoods resort casino in connecticutAdd that into the sports betting thesis, and there’s room for more upside in the stock.“We believe there are eight to 12 states that could go down the path of legalizing sports betting this year which should continue to support long-term total addressable market (TAM) estimates (no matter how crazy they are),” said Wieczynski.Other Levers to PullThe Stifel analyst points out that Caesars remains intent on divesting a Strip property, and that process could accelerate as coronavirus vaccines are distributed on a broader scale. Caesars Palace Las Vegas, seen here. Trump Plaza in Atlantic City is scheduled for demolition on February 17. online casino games no deposit bonus lucky creek casino groupruby slots 100 free spins plentiful treasureWieczynski says Caesars can top the 0 million in cost efficiencies promised through last year’s merger with Eldorado Resorts, and that the operator could generate as much as .75 a share in free cash flow by 2023.The 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 abslotocash casino free 31out the long-term possibilities behind CZR’s sports betting/iGaming platform,” said Wieczynski. “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. cache creek casino free busThe 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 abslotocash casino free 31out the long-term possibilities behind CZR’s sports betting/iGaming platform,” said Wieczynski. Icahn never found a suitable buyer for either casino. (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 . mgm grand casino hotel oxford casino pet friendlycasino near me buffetThe 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 abslotocash casino free 31out the long-term possibilities behind CZR’s sports betting/iGaming platform,” said Wieczynski. The implosion includes the resort’s original 39-story hotel and casino. Along with the shuttered Trump Plaza, the deal delivered Icahn ownership of Trump Taj Mahal. The smaller north hotel tower will remain, as will the rear parking garage across Pacific Avenslotocash casino free 31ue.Atlantic City Mayor Marty Small Sr. An analyst sees a lot to like with the stock. He notes that as more of them get vaccinated, pent-up demand will be unleashed as soon as this year. lucky tiger casino free spins code 3d slot casino oyunları bedava |