2024.07.17
online gambling video pokerBank of America prefers that operator’s stock to Wynn Resorts. . Visitor volumes to Las Vegas have consistently improved in each month this year. hollywood casino vaccineWhile authorities there are reluctant to implement another casino shutdown, the situation is tenuous. The 0 million hotel is the latest investment Genting has made at the Queens casino, located at Aqueduct racetrack. Bank of America is reconfiguring its ratings on casino equities, and it’s moving Caesars Entertainment (NASDAQ:CZR) ahead of Wynn Resorts (NASDAQ:WYNN) on the list. seneca niagara casino 18 years old hard rock casino yuba cityhollywood casino marylandVisitor volumes to Las Vegas have consistently improved in each month this year. Bank of America is reconfiguring its ratings on casino equities, and it’s moving Caesars Entertainment (NASDAQ:CZR) ahead of Wynn Resorts (NASDAQ:WYNN) on the list. New York City’s only casino got a little larger on Friday. nibi restaurant firekeepers casinoToday, CZR sits at <3% digital market share. That’s a boon for Caesars because it’s the second-largest operator on the Las Vegas Strip.Additionally, the company has limited international exposure and appears more interested in parting with what non-US assets it has than acquiring more. Bank of America is reconfiguring its ratings on casino equities, and it’s moving Caesars Entertainment (NASDAQ:CZR) ahead of Wynn Resorts (NASDAQ:WYNN) on the list. poker winstar casino oklahoma cashman casino free coinshallmark casino enThat transaction, for which a buyer is expected to be announced in the fourth quarter, will drum up proceeds Caesars can use to fund its online expansion efforts.“To fund this transition, CZR now has a strong, cash generative land-based casino business that should deleverage rapidly and throw off meaningful cash flowonline gambling for money,” said Bank of America.Wynn Plagued by MacauIn downgrading Wynn, Bank of America highlights the familiar issue of Macau. That includes the sale of William Hill’s betting shops and the European online gaming business. Visitor volumes to Las Vegas have consistently improved in each month this year. That’s a boon for Caesars because it’s the second-largest operator on the Las Vegas Strip.Additionally, the company has limited international exposure and appears more interested in parting with what non-US assets it has than acquiring more. Tourists walk past Caesars Palace Las Vegas. (Image: Las Vegas Review-Journal)In a note to clients today, the bank upgrades the Caesars Palace operator to “buy” from “neutral,” while paring its rating on Wynn to “neutral” from “buy.” Bank of America is enthusiastic about Caesars’ increasing exposure to the fast-growing iGaming and sports wagering industries.We think CZR can transform (again) into an omni-channel winner, with accelerating online market share. island resort and casino open which casino is closest to my location |