2024.07.18
borgata casino websiteIt also liquidated part of the inherited NeoGames (NASDAQ:NGMS) stake. The new forecast implies upside of about 20 percent from current levels.Following a recent meeting with Caesars’ management, Wieczynski notes Las Vegas afoxwoods resort casino outletsnd regional casinos are performing well, and that’s without the benefit of convention and meeting business. “As one example, management has already begun to utilize sports betting marketing data to drive promotional decisions at the property (those customers would effectively be treated as unrated, otherwise).”island view casino resortThat’s a performance many investors may believe is attributable to the company’s expanding iGaming and sports wagering footprints. Caesars’ stock could offer much more upside. But it’s traditional casinos driving enthusiasm for the shares. doubledown casino best slot machine casino royale poker table castdoubledown casino facebook not workingIn a note to clients today, the analyst reiterates a “buy” rating on Caesars’ stock, while boosting his price target to 8 from 0. Caesars Palace, located on the Vegas Strip, seen above. “Given where comps have transacted, we see no reason why CZR couldn’t get as high as a low-teens multiple on one of the assets perceived to be for sale.”The analyst adds the sale of a Strip venue should dramatically accelerate management’s efforts to delever the balance sheet.Ahead of the Curve in Sports BettingData suggest Caesars’ newly launched online sportsbook has ground to make up against larger rivals. casinos in ohioGolden’s route business operates in Montana and Nevada, with Illinois and Pennsylvania possible near-term additions.The company generates 85 percent of its revenue from the Las Vegas locals segment, and is the dominant force in hyper-local Las Vegas gaming offerings.The new forecast implies upside of about 20 percent from current levels.Following a recent meeting with Caesars’ management, Wieczynski notes Las Vegas afoxwoods resort casino outletsnd regional casinos are performing well, and that’s without the benefit of convention and meeting business. Caesars Palace, located on the Vegas Strip, seen above. mgm casino kansas city riverwind casino careersonline casino with real money usaatalysts.Some analysts believe the current share price doesn’t reflect the potential for Golden to land an attractive route business contract in Pennsylvania, and most agree the .2 billion in unused Las Vegas real estate the operator owns isn’t adequately priced into the shares either. A listing photo of the Beverly Hills mansion Steve Wynn is trying to sell. That’s a performance many investors may believe is attributable to the company’s expanding iGaming and sports wagering footprints. “Given where comps have transacted, we see no reason why CZR couldn’t get as high as a low-teens multiple on one of the assets perceived to be for sale.”The analyst adds the sale of a Strip venue should dramatically accelerate management’s efforts to delever the balance sheet.Ahead of the Curve in Sports BettingData suggest Caesars’ newly launched online sportsbook has ground to make up against larger rivals. But Caesars hasn’t publicly said that those are the venues it’s prioritizing in potential sales.“Furthermore, while management has historically indifoxwoods resort casino outletscated a sale of a Strip asset would likely follow normalization in the group segment, we think recent transactions in the market (Cosmopolitan, Venetian/Palazzo) could see management act more opportunistically to unlock value in their portfolio and drive leverage lower,” adds Wieczynski. But Caesars hasn’t publicly said that those are the venues it’s prioritizing in potential sales.“Furthermore, while management has historically indifoxwoods resort casino outletscated a sale of a Strip asset would likely follow normalization in the group segment, we think recent transactions in the market (Cosmopolitan, Venetian/Palazzo) could see management act more opportunistically to unlock value in their portfolio and drive leverage lower,” adds Wieczynski. seminole casino gifts borgata casino bonus codes |