holdem poker winning handsInterested An analyst sees an asset sale looming. “As one example, management has already begun to utilize sports betting marketing data to drive promotional decisions at the property (those customers would effectively be treated as unrated, otherwise).”firekeepers casino eventsCaesars’ stock could offer much more upside. This year, speculation is swirling about the fate of Paris and Planet Hollywood. That’s a move Wall Street likes, because the company significantly defrayed that purchase price by selling William Hill’s international assets for billion. intertops casino lobby

is the cache creek casino buffet open

valley forge casino dunkin donutsBut it is a rising player in the space.Caesars is using the .69 billion acquisition of William Hill to make a splash in iGaming and sports wagering. The new forecast implies upside of about 20 percent from current levels.Following a recent meeting with Caesars’ management, Wieczynski notes Las Vegas afoxwoods resort casino outletsnd regional casinos are performing well, and that’s without the benefit of convention and meeting business. An analyst sees an asset sale looming. casino near me hotelBut it’s possible the company could be motivated by the price points on recent sales. That’s a performance many investors may believe is attributable to the company’s expanding iGaming and sports wagering footprints. However, some investors are pondering how long top-line and margin expansion is plausible as consumer stimulus fades.Management firmly sees these concerns as overblown, highlighting that (1) the current trend in the savings rate could imply tailwinds to the consumer through 2023 and (2) their overall cost structure is predominately ‘right-sized’ by this point, with any modest pockets of cost inflation likely offset by the return of the high margin group customer,” said the Stifel analyst.The Flamingo operator is one of Wall Street’s favorite gaming equities, a status accrued by management’s reputation for managing margins and generating free cash flow, among other factors.Asset Sale Could Be Another Spark for Caesars StockAmid recent Strip asset sales, including the Venetian and Sands Convention Center in March and the Cosmopolitan late last month, it’s possible Caesars opts to accelerate the timeline for divestment of one of its Las Vegas properties.Previously, the operator said such a transaction would not occur until next year. hard rock casino night club

highflyer zipline at foxwoods resort casino new york

thunder valley casino to hard rock casinoHowever, some investors are pondering how long top-line and margin expansion is plausible as consumer stimulus fades.Management firmly sees these concerns as overblown, highlighting that (1) the current trend in the savings rate could imply tailwinds to the consumer through 2023 and (2) their overall cost structure is predominately ‘right-sized’ by this point, with any modest pockets of cost inflation likely offset by the return of the high margin group customer,” said the Stifel analyst.The Flamingo operator is one of Wall Street’s favorite gaming equities, a status accrued by management’s reputation for managing margins and generating free cash flow, among other factors.Asset Sale Could Be Another Spark for Caesars StockAmid recent Strip asset sales, including the Venetian and Sands Convention Center in March and the Cosmopolitan late last month, it’s possible Caesars opts to accelerate the timeline for divestment of one of its Las Vegas properties.Previously, the operator said such a transaction would not occur until next year. It also liquidated part of the inherited NeoGames (NASDAQ:NGMS) stake. Owing to the expanse of Caesars Rewards, the industry’s largest loyalty program, the company has enviable cross-selling opportunities that could drive long-term value in next-generation gaming.“Not only does the largest land-based rewards database present ample low-cost customer acquisition opportunities, but we also expect management to explore innovative ways to unlock further valuefoxwoods resort casino outlets at their brick and mortar properties as well,” concludes Wieczynski. Caesars’ stock could offer much more upside. In a note to clients today, the analyst reiterates a “buy” rating on Caesars’ stock, while boosting his price target to 8 from 0. Interested is harrah s casino in san diego open