free online slots 3888Sports betting will be a key contributor. (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. resorts casino deposit matchBut one analyst forecasts much more upside for the casino operator, driven by sports wagering. Dina 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. (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. wild casino ag bonus codes

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golden nugget casino bonusThat results in a .4 billion windfall and a one percent stake in the new company for MGM.Recently, the two operators forecast the North American internet casinos and online sports wagering markets will eventually be worth billion, up from billion today. Recently, the two operators forecast the North American internet casinos and online sports wagering markets will eventually be worth billion, up from billion today. bovada casino free chip 2020With 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 Citydoubledown casino f 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. But one analyst forecasts much more upside for the casino operator, driven by sports wagering. MGM Resorts International (NYSE:MGM) stock is up 34.21 percent year-to-date, making it one odoubledown casino ff the best-performing large-cap gaming equities. wild casino roulette

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poker palace casinoWith 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 Citydoubledown casino f 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. Stanley Mallin, who built Caesars Palace with his busBut one analyst forecasts much more upside for the casino operator, driven by sports wagering. 10 close.Our view on MGM during 2021 has been too conservative and we have not given MGM enough credit on the progress made in its interactive strategy through BetMGM,” said the analyst.BetMGM is a 50/50 joint venture between MGM and Entain Plc (OTC:GMVHY). 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. Dina 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. clearwater casino images