mountaineer casino ohioChaiken’s call is sparking an impressive rally in MGM stock, sending it higher by more than seven percent on volume that’s already more than double the daily average.MGM is a consensus Neutral name, in part due to a ‘conglomerate discount,’ but we think sentiment will improve. Jacobs Entertainment unveiled three components of the company’s billion Reno Neon Line District undertaking in the Nevada city. MGM Resorts International (NYSE:MGM) is the largest operator on the Las Vegas Strip, and the shares are up 41 percent year-to-date. is harrah s casino openThe second apartment buildingslot casino bonus codesg is being targeted further west at the convergence of 4th, Keystone, and 3rd streets.Major Reno RenovationJacobs Entertainment is embarking on one of the largest mixed-use development initiatives in the history of Reno. Jacobs Entertainment unveiled three components of the company’s billion Reno Neon Line District undertaking in the Nevada city. Chaiken’s call is sparking an impressive rally in MGM stock, sending it higher by more than seven percent on volume that’s already more than double the daily average.MGM is a consensus Neutral name, in part due to a ‘conglomerate discount,’ but we think sentiment will improve. peppermill resort spa casino expedia

miami club casino bonus

jamul casino tony gwynnChaiken’s call is sparking an impressive rally in MGM stock, sending it higher by more than seven percent on volume that’s already more than double the daily average.MGM is a consensus Neutral name, in part due to a ‘conglomerate discount,’ but we think sentiment will improve. But one analyst is making the case the stock isn’t adequately appreciated. This should change now that business is being streamlined,” said Chaiken in the note. twin river casino smokingThe company is the owner and operator of the Sands Regency Casino Hotel. An analyst thinks it can soar another 50 percent. That implies upside of more than 53 percent from the Oct. clearwater river casino zz top tickets

fanduel casino free money

jamul casino prime cutChaiken’s call is sparking an impressive rally in MGM stock, sending it higher by more than seven percent on volume that’s already more than double the daily average.MGM is a consensus Neutral name, in part due to a ‘conglomerate discount,’ but we think sentiment will improve. An analyst thinks it can soar another 50 percent. While those asset sales have been taking place for two years, Credit Suisse’s Chaiken argues the stock isn’t getting enough credit for the company’s transformation.“MGM has gone through a transformation, recently announcing four transactions, and we believe the market is not giving full credit,” said the analyst.The operator’s recent spate of deal-making includes purchasing the operating rights of the Cosmopolitan on the Strip for about .6 billion, acquiring the 50 percent of City Center it didn’t previously own and using that transaction to sell the real estate of Aria and Vdara to Blackstone for $.89 billion and VICI Properties’ (NYSE:VICI) .2 billion all-stock acquisition of MGM Growth Properties (NYSE:MGP).That takeover efficiently monetizes MGM’s .4 billion stake in the real estate investment trust (REIT), and the gaming company is getting a one percent interest in the new VICI.Those transactions make MGM a “cleaner, more simplified organization, with a more attractive capital structure,” said Chaiken.Options for Cash, Limited Macau ImpactAs Chaiken notes, MGM could buyback a significant chunk of its .57 billion in market capitalization with its billion in cash. Jacobs Entertainment unveiled three components of the company’s billion Reno Neon Line District undertaking in the Nevada city. But one analyst is making the case the stock isn’t adequately appreciated. (Image: Las Vegas Review-Journal)In a note to clients today, Credit Suisse analyst Benjamin Chaiken upgrades the Bellagio operator to “outperform” from “neutral,” with price target. black oak casino virus