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2024.07.17
casino golden palace tubizes more upside where that came from for the Harrah’s operator. (Image: AP)Conceived by former President Donald Trump, the Boardwalk casino resort opened in May of 1984. The new forecast implies upside of more than 25 percent from current levels.While COVID headwinds could pressure near-term estimates as travel/gathering restrictions remain in place (and could get worse), we believe CZR remains well positioned long-term as the world eventually recovers from this pandemic, given their compelling asset mix (Vegas/regionals/sports betting/iGaming),” said the analyst.Earlier this month, Nevada Gov. santa ana star casino gaming commibionTwo days after Presidents’ Day next month, the ex-president’s former casino will fall.It will ceremonially mark the end of Trump’s casino career. s more upside where that came from for the Harrah’s operator. s more upside where that came from for the Harrah’s operator. raging bull casino codes september 2021 hard rock casino atlantic city restaurantssycuan casino resort reviewss more upside where that came from for the Harrah’s operator. Much of that debt is junk-rated, meaning higher interest expense.It could take some time, but trimming that burden is possible. Add that into the sports betting thesis, and there’s room for more upside in the stock.“We believe there are eight to 12 states that could go down the path of legalizing sports betting this year which should continue to support long-term total addressable market (TAM) estimates (no matter how crazy they are),” said Wieczynski.Other Levers to PullThe Stifel analyst points out that Caesars remains intent on divesting a Strip property, and that process could accelerate as coronavirus vaccines are distributed on a broader scale. lucky dragon usa nets more upside where that came from for the Harrah’s operator. Along with the shuttered Trump Plaza, the deal delivered Icahn ownership of Trump Taj Mahal. The new forecast implies upside of more than 25 percent from current levels.While COVID headwinds could pressure near-term estimates as travel/gathering restrictions remain in place (and could get worse), we believe CZR remains well positioned long-term as the world eventually recovers from this pandemic, given their compelling asset mix (Vegas/regionals/sports betting/iGaming),” said the analyst.Earlier this month, Nevada Gov. casino near me lake charles wynn las vegas casino reopeningbovada casino affiliateThe building has been vacant since 2014. It closed in September of 2014 and has sat vacant since.Trump departed DC this week after serving one term. The building has been vacant since 2014. Much of that debt is junk-rated, meaning higher interest expense.It could take some time, but trimming that burden is possible. Much of that debt is junk-rated, meaning higher interest expense.It could take some time, but trimming that burden is possible. Experts question the effectiveness of that protocol and the limits on guests crimps Caesars, which runs 17 gaming venues in the Silver State.Catalysts Can Outlast COVID-19As the second-largest operator on the Las Vegas Strip, Caesars stock is long regarded as a play on vaccine distribution and an economic rebound in the largest domestic gaming hub. free online slots peppermill casino nevada |