2024.07.12
eldorado casino free slotsMGM stock could rise another 40 percent, says an analyst. Stanley Mallin, who built Caesars Palace with his busWith BetMGM taking off, the casino giant’s cash hoard increasing and Entain viewed as the most likely UK-based company to be acquired before the end of 2021, speculation should intensify into year-end.Other Catalysts for MGM StockAs noted above, MGM’s balance sheet is flush with cash, and that capital could be deployed in areas that could drive more upside for the shares.“MGM will receive over billion in net cash proceeds from its sale of MGM Springfield and Citydrake casino lyrics Center real estate (following MGM’s acquisition of the 50% of City Center that is owned by Dubai World) and its divestiture of its residual ownership of its captive REIT – MGM Growth Partners,” said Bernstein’s Umansky.Last month, VICI Properties (NYSE:VICI) said it’s purchasing MGM Growth Properties (NYSE:MGP) for .2 billion in stock. las atlantis casino bonusIt’s also possible Connecticut, Louisiana, and Maryland joins the party prior to the end of the 2021 football season.Analysts expect football wagering will be a key contributor to gaming operators’ third-quarter earnings reports, with substantial carry over into the fourth quarter. That results in a .4 billion windfall and a one percent stake in the new company for MGM.But one analyst forecasts much more upside for the casino operator, driven by sports wagering. island view casino birthday offer desert diamond casino locationsgoldfish casino bc slotsAdding fuel to the fire is a slew of states joining the live and legal sports betting roster, including Arizona, South Dakota, and Wyoming. (Image: Las Vegas Review-Journal)In a note to clients today, Bernstein analyst Vitaly Umansky upgraded the Mandalay Bay operator to “outperform” from “market perform,” while boosting his price target on MGM stock to .90 from .60. (Image: Las Vegas Review-Journal)In a note to clients today, Bernstein analyst Vitaly Umansky upgraded the Mandalay Bay operator to “outperform” from “market perform,” while boosting his price target on MGM stock to .90 from .60. chumba casino bonus codesThe new projection implies upside of 39 percent from the Sept. BetMGM is operational in those locations. The Golden Lion statue outside the entrance of the MGM hotel and casino on the Las Vegas strip, seen above. resorts casino tier match admiral casino kaunaspoker face casinoBut one analyst forecasts much more upside for the casino operator, driven by sports wagering. It’s also possible Connecticut, Louisiana, and Maryland joins the party prior to the end of the 2021 football season.Analysts expect football wagering will be a key contributor to gaming operators’ third-quarter earnings reports, with substantial carry over into the fourth quarter. (Image: Las Vegas Review-Journal)In a note to clients today, Bernstein analyst Vitaly Umansky upgraded the Mandalay Bay operator to “outperform” from “market perform,” while boosting his price target on MGM stock to .90 from .60. ould not be here today to share this story with you,” Siegel disclosed. That’s while noting BetMGM is the leading iGaming company and second-largest online sportsbook firm in the states in which it’s operational.Bernstein estimates internet casinos and regulated sports betting will be worth a combined billion in 2030. Adding fuel to the fire is a slew of states joining the live and legal sports betting roster, including Arizona, South Dakota, and Wyoming. 7 casino online free casino slot games win real money |