2024.07.18
coushatta casino hotel kinder louisianasaid it’s merging with special purpose vehicle Flying Eagle Acquisition Corp. (Image: Alex Brandon/AP)Tourism, leisure, and commercial real estate have been some of the hardest-hit industries by the COVID-19 pandemic. Rippey starts the stock with an “outperform” rating and a price target, implying upside of more than 50 percent from where it trades at this writing.Our call on DKNG is fairly straightforward. golden nugget casino l aubergeBut the Evercore analyst sees that figure increasing to 40 percent by the start of the 2022 NFL season. Evercore ISI analyst Kevin Rippey, seen here in a July interview with CNBC, is bullish on DraftKings stock. DraftKings (NASDAQ:DKNG) stock is soaring for a second consecutive day Wednesday, after another analyst endorsed the name and on news of a gaming machine deal with Accel Entertainment (NYSE:ACEL) in Illinois. non stop bonus captain jack casino lake tahoe casino restrictionspechanga casino motor coachBut policymakers there aren’t signaling what they’re planning for mobile betting sign-ups after that date.The market under appreciates the pull forward in US states’ plans to legalize online sports betting,” said Rippey in a note to clients.The increased legalization thesis is a familiar refrain among the analysts covering gaming and sports betting equities, and one that takes on increased credibility with states scrambling to generate revenue during the coronavirus pandemic.Fantastic ForecastsWhile there are lingering concerns about the costs DraftKings and rivals face to enter new markets and how that spending affects profitability, Rippey sees the percentage of Americans with access to regulated online betting soaring over the next couple of years.Today, about 10 percent of the US population is able to legally bet on sports online or via mobile devices. DraftKings (NASDAQ:DKNG) stock is soaring for a second consecutive day Wednesday, after another analyst endorsed the name and on news of a gaming machine deal with Accel Entertainment (NYSE:ACEL) in Illinois. river spirit casino landshark(Image: CNBC)Sell-side commentary on the sportsbook operator is brisk to start this week, with Evercore ISI analyst Kevin Rippey initiating coverage of the name today. coming together on a .8 billion deal.Last week, Skillz Inc. “Our Target is based on 40x our 2025 adjusted EBITDA forecast discounted back at 8% to 2020.”Speaking of Illinois…The other meaningful catalyst for DraftKings stock today is an agreement with Accel Entertainment, a provider of video gaming terminals (VGTs) in Illinois, a market the sports betting company recently entered.Starting today, Accel’s more than 2,300 gaming machines across the Prairie State will feature DraftKings content, including advertisements, sports betting lines, and mobile app sign-ups.Accel’s VGTs are found in businesses such as restaurants, bars, taverns, convenience stores, liquor stores, truck stops, and grocery stores.It remains to be seen if DraftKings’ relationship with Accel presents the former with a work-around to Illinois’ in-person registration requirement for mobile sports wagering. is black bear casino smoke free is draftkings casino legal in louisianafirekeepers casino drug testsaid it’s merging with special purpose vehicle Flying Eagle Acquisition Corp. But Murren’s comments to Bloomberg indicate he’s wagering his name and experience steering MGM can separate his new entity from the pack.The news agency also reports that Andrew Pascal, a former Wynn Resorts executive and Elaine Wynn’s nephew, could be involved with Murren’s SPAC. With nonessential travel grounded for much of the year and vacations on hold, casino tycoons Sheldon Adelson, Tilman Fertitta, Steve Wynn, and Phil Ruffin saw the(Image: Alex Brandon/AP)Tourism, leisure, and commercial real estate have been some of the hardest-hit industries by the COVID-19 pandemic. Evercore ISI analyst Kevin Rippey, seen here in a July interview with CNBC, is bullish on DraftKings stock. “Our Target is based on 40x our 2025 adjusted EBITDA forecast discounted back at 8% to 2020.”Speaking of Illinois…The other meaningful catalyst for DraftKings stock today is an agreement with Accel Entertainment, a provider of video gaming terminals (VGTs) in Illinois, a market the sports betting company recently entered.Starting today, Accel’s more than 2,300 gaming machines across the Prairie State will feature DraftKings content, including advertisements, sports betting lines, and mobile app sign-ups.Accel’s VGTs are found in businesses such as restaurants, bars, taverns, convenience stores, liquor stores, truck stops, and grocery stores.It remains to be seen if DraftKings’ relationship with Accel presents the former with a work-around to Illinois’ in-person registration requirement for mobile sports wagering. seven feathers casino win lob statement firekeepers casino topeka |