2024.07.17
four winds casino las vegasThat’s a move Wall Street likes, because the company significantly defrayed that purchase price by selling William Hill’s international assets for billion. This year, speculation is swirling about the fate of Paris and Planet Hollywood. But 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. fanduel casino tennebeeThis year, speculation is swirling about the fate of Paris and Planet Hollywood. In a note to clients today, the analyst reiterates a “buy” rating on Caesars’ stock, while boosting his price target to 8 from 0. (Image: New York Post)The operator is the second-largest on the Las Vegas Strip, and has a deep portfolio of regional assets, both of which are setting quarterly records, says Stifel analyst Steven Wieczysnski. caesar casino new orleans island view casino and hotelmorongo casino expediaOwing 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. Interested But Caesars hasn’t publicly said that those are the venues it’s prioritizing in potential sales.“Furthermore, while management has historically indifoxwoods resort casino outletscated a sale of a Strip asset would likely follow normalization in the group segment, we think recent transactions in the market (Cosmopolitan, Venetian/Palazzo) could see management act more opportunistically to unlock value in their portfolio and drive leverage lower,” adds Wieczynski. ruby slots lobbyOwing 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. Interested turtle creek casino shows mohegan sun casino sports bettingdoubledown casino facebookBut Caesars hasn’t publicly said that those are the venues it’s prioritizing in potential sales.“Furthermore, while management has historically indifoxwoods resort casino outletscated a sale of a Strip asset would likely follow normalization in the group segment, we think recent transactions in the market (Cosmopolitan, Venetian/Palazzo) could see management act more opportunistically to unlock value in their portfolio and drive leverage lower,” adds Wieczynski. It also liquidated part of the inherited NeoGames (NASDAQ:NGMS) stake. An analyst sees an asset sale looming. That’s a performance many investors may believe is attributable to the company’s expanding iGaming and sports wagering footprints. Former casino mogul Steve Wynn is once again trying to unload one of the most lavish and expansive mansions in Beverly Hills. In a note to clients today, the analyst reiterates a “buy” rating on Caesars’ stock, while boosting his price target to 8 from 0. phone number twin river casino slot v casino review |