nearest casino in elk groveThe company runs 15 gaming properties in 11 states when pending purchases close.On that note, Jonas sees challenges delivered by the coronavirus pandemic turning to tailwinds as more Americaangel of the winds casino agens get vaccinated.Multi-Million Dollar BidsEarlier this week, Bally’s proposed a 0 million casino in Richmond, Va., joining two other groups in seeking access to Virginia’s capital city.The company is the highest of the three bidders, and its proposal includes a 0 million upfront payment to the city.“We are positive on today’s announcement overall, with management entering the competition to try to win the last, and likely most profitable, Virginia casino license,” said Stifel analyst Steven Wieczynski in a note.That analyst says the 0 million pitch implies adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of million to 8 million at the Richmond venue, assuming Bally’s is selected.That translates to a share. The analyst notes that under an extreme bull case scenario, the shares could reach 0, or more than double where the name trades today.The analyst adds that the coming full-scale launch of the Bally’s brand across media, digital, and physical platforms should close the valuation discount between the company and rival gaming companies with heavy online footprints.In the current environment, analysts and investors are smitten by gaming companies with iGaming and sports betting exposure. “Specific sectors that we will target span live events, family entertainment, casino gaming, destination hospitality, sports, sports betting, and iGaming. is coushatta casino open todaySPACs usually have two years to execute a deal or face forced liquidation. They were on the board of the original Acies. Fresh off success with his first special purpose acquisition company (SPAC), former MGM Resorts International Chairman and CEO Jim Murren is lining up a second blank-check firm. choctaw casino wiki

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