2024.07.12
seneca niagara casino covid 19An analyst is mostly bullish on the operator. (Image: Wayne Parry/AP)In a note to clients, Stifel analyst Steven Wieczynski reiterates a “hold” rating ofree online let it ride pokern the regional gaming operator. Kay Ivey (R) says she will hold off on voicing her support for gaming expansion until the voter’s opinion is determined. downstream casino learning centerWith that torrid pace come risks, but one analyst believes investors are mindful of the potential pitfalls and that the name still offers upside. If Marsh’s gaming bundle is passed by the Alabama Legislature, the gaming matters would go before Alabamans for approval.I think the people of the state are ready to address this issue and want to,” Marsh declared.“Polling data shows they want to make a vote on this. Kay Ivey (R) says she will hold off on voicing her support for gaming expansion until the voter’s opinion is determined. downstream casino wacky wednesday bonus code for borgata online casino paonline blackjack europeLocated on sovereign land, the Native American casinos can only offer bingo-based gaming machines, since the state has refused to enter into a gaming compact for slots and table games.Marsh’s bill would do just that, and additionally, authorize the tribe to build a new Class III gaming casino in either Jackson or DeKalb County. But land-based casinos are still a pivotal part of the investment thesis. But land-based casinos are still a pivotal part of the investment thesis. encore casino buffetThat’s some of the risk investors must face with the name, says Wieczynski.Consensus estimates for Q4 have been drifting lower across our broader regional operator coverage, as rising cases and state restrictions/closures have been a sequential headwind since Q3 earnings,” said the analyst.He points out that fourth-quarter revenue in Rhode Island could be slack because the company’s two gaming venues there were shuttered from Nov. Gross gaming revenue would be taxed at 20 percent at the new casinos. The four other casinos would be allocated for the state’s former greyhound racetracks in Birmingham, Mobile, Shorter, and Eutaw.Slot machines, table games, and sports betting would be permitted at each of the five new casinos, plus the three Wind Creek properties. draftkings at the casino queen black hawk casino gamesblack oak casino gift shopHe adds that is the case with other regional operators, as strength in the South/Southeast should augment soft results in other regions. My job is to put together a piece of legislation that serves the needs of the state, controls gaming, and provides revenue to accomplish things that people of Alabama want to see accomplished,” he added.Alabama Gaming Expansion SpecificsThe Poarch Band of Creek Indians currently operates three Class II casinos. That’s some of the risk investors must face with the name, says Wieczynski.Consensus estimates for Q4 have been drifting lower across our broader regional operator coverage, as rising cases and state restrictions/closures have been a sequential headwind since Q3 earnings,” said the analyst.He points out that fourth-quarter revenue in Rhode Island could be slack because the company’s two gaming venues there were shuttered from Nov. (NYSE:BALY) stock is one of the most scintillating stories among gaming equities over the past year. That’s a tepid grade, but the analyst lifts his price target to from . (NYSE:BALY) stock is one of the most scintillating stories among gaming equities over the past year. turtle lake casino steak and lobster desert diamond casino in arizona |