borgata casino in las vegasHe closed theCaesars Palace Las Vegas, seen here. Neither the billionaire nor his family have been involved in the gaming industry for many years.The building has been crumbling in recent years, and the towering structure has been a stark reminder of the region’s economic difficulties over the past decade-plus. river spirit casino halloween 2021He notes that as more of them get vaccinated, pent-up demand will be unleashed as soon as this year. The building has been vacant since 2014. (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 . j casanova

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hollywood casino amphitheatre 2021 scheduleIt closed in September of 2014 and has sat vacant since.Trump departed DC this week after serving one term. The new forecast implies upside of more than 25 percent from current levels.While COVID headwinds could pressure near-term estimates as travel/gathering restrictions remain in place (and could get worse), we believe CZR remains well positioned long-term as the world eventually recovers from this pandemic, given their compelling asset mix (Vegas/regionals/sports betting/iGaming),” said the analyst.Earlier this month, Nevada Gov. It closed in September of 2014 and has sat vacant since.Trump departed DC this week after serving one term. sycuan casino golf resortWieczynski 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.Icahn never found a suitable buyer for either casino. Much of that debt is junk-rated, meaning higher interest expense.It could take some time, but trimming that burden is possible. chumba casino similar

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boomtown casino in new orleansThe 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 abatlantica golden palace casinoout the long-term possibilities behind CZR’s sports betting/iGaming platform,” said Wieczynski. The new forecast implies upside of more than 25 percent from current levels.While COVID headwinds could pressure near-term estimates as travel/gathering restrictions remain in place (and could get worse), we believe CZR remains well positioned long-term as the world eventually recovers from this pandemic, given their compelling asset mix (Vegas/regionals/sports betting/iGaming),” said the analyst.Earlier this month, Nevada Gov. Steve Sisolak (D) extended for 30 days the policy that casinos, bars, and restaurants must cap capacity at 25 percent to stem the spread of the coronavirus. Adding up the aforementioned points creates a potentially lucrative deleveraging missive, according to Wieczynski.“Every catalyst we pointed out should help drive leverage lower. Two days after Presidents’ Day next month, the ex-president’s former casino will fall.It will ceremonially mark the end of Trump’s casino career. An analyst sees a lot to like with the stock. river spirit casino midland