2024.07.19
the coushatta casino(Image: New York Post)The operator is the second-largest on the Las Vegas Strip, and has a deep portfolio of regional assets, both of which are setting quarterly records, says Stifel analyst Steven Wieczysnski. Caesars’ stock could offer much more upside. But it’s possible the company could be motivated by the price points on recent sales. firekeepers casino from my location“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 it’s traditional casinos driving enthusiasm for the shares. But it is a rising player in the space.Caesars is using the .69 billion acquisition of William Hill to make a splash in iGaming and sports wagering. gold coast casino entertainment el dorado casino reno slot machinescaptain jack casino no deposit codesBut it’s traditional casinos driving enthusiasm for the shares. Caesars’ stock could offer much more upside. But it is a rising player in the space.Caesars is using the .69 billion acquisition of William Hill to make a splash in iGaming and sports wagering. free casino slots download pc“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).”Former casino mogul Steve Wynn is once again trying to unload one of the most lavish and expansive mansions in Beverly Hills. Owing to the expanse of Caesars Rewards, the industry’s largest loyalty program, the company has enviable cross-selling opportunities that could drive long-term value in next-generation gaming.“Not only does the largest land-based rewards database present ample low-cost customer acquisition opportunities, but we also expect management to explore innovative ways to unlock further valueharrah s casino valley center at their brick and mortar properties as well,” concludes Wieczynski. borgata casino winners no deposit bonus cool cat casinono deposit bonus codes hallmark casino 2020The new forecast implies upside of about 20 percent from current levels.Following a recent meeting with Caesars’ management, Wieczynski notes Las Vegas aharrah s casino valley centernd regional casinos are performing well, and that’s without the benefit of convention and meeting business. Former casino mogul Steve Wynn is once again trying to unload one of the most lavish and expansive mansions in Beverly Hills. But it is a rising player in the space.Caesars is using the .69 billion acquisition of William Hill to make a splash in iGaming and sports wagering. This year, speculation is swirling about the fate of Paris and Planet Hollywood. atalysts.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. Caesars Palace, located on the Vegas Strip, seen above. turtle creek casino dining hard rock casino las vegas closing |