2024.07.12
firekeepers casino michiganWith 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 Cityblack oak casino evacuation 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. Stanley Mallin, who built Caesars Palace with his bus(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. angel of the winds casino twitterAdding fuel to the fire is a slew of states joining the live and legal sports betting roster, including Arizona, South Dakota, and Wyoming. It is noting that BetMGM is currently the top iGaming operator and number three online sportsbook provider as measured by daily activblack oak casino evacuatione users.Sports Betting Ebullience Running HighThe arrival of football season has Wall Street enthusiastic about the prospects for gaming equities with significant sports wagering exposure, including MGM.Football is the most wagered-on sport in the US. Sports betting will be a key contributor. free slot games unblocked peppermill casino spa menusoaring eagle casino phone numberIt is noting that BetMGM is currently the top iGaming operator and number three online sportsbook provider as measured by daily activblack oak casino evacuatione users.Sports Betting Ebullience Running HighThe arrival of football season has Wall Street enthusiastic about the prospects for gaming equities with significant sports wagering exposure, including MGM.Football is the most wagered-on sport in the US. MGM stock could rise another 40 percent, says an analyst. The new projection implies upside of 39 percent from the Sept. no deposit bonus casino philippinesThe Golden Lion statue outside the entrance of the MGM hotel and casino on the Las Vegas strip, seen above. BetMGM is operational in those locations. ould not be here today to share this story with you,” Siegel disclosed. free casino slot machines with bonus rounds live casino credit applicationjackson rancheria casino resort jackson caThat is 10 percent below the national vaccination average for the population aged 12 and older.The new projection implies upside of 39 percent from the Sept. 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. BetMGM is operational in those locations. Stanley Mallin, who built Caesars Palace with his busthunder valley casino facebook luckyland slots contact number |