2024.07.18
tropicana laughlin hotel casinoTrump Plaza in Atlantic City is scheduled for demolition on February 17. 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. 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. black bear casino dealsTwo 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. 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. soaring eagle casino event center captain jack casino no depositbovada casino telephone numbertoday announced the February 17 implosion date.End of Trump Entertainment ResortsCarl Icahn took control of Trump Entertainment Resorts (TER) in 2016. Much of that debt is junk-rated, meaning higher interest expense.It could take some time, but trimming that burden is possible. Steve Sisolak (D) extended for 30 days the policy that casinos, bars, and restaurants must cap capacity at 25 percent to stem the spread of the coronavirus. chumba casino gamesAtlantic City officials are celebrating with an implosion viewing party. The implosion includes the resort’s original 39-story hotel and casino. Trump Plaza in Atlantic City is scheduled for demolition on February 17. riversweeps deposit borgata casino sign up bonustwin river casino newport riThe smaller north hotel tower will remain, as will the rear parking garage across Pacific Avensam s town casino floor planue.Atlantic City Mayor Marty Small Sr. Steve Sisolak (D) extended for 30 days the policy that casinos, bars, and restaurants must cap capacity at 25 percent to stem the spread of the coronavirus. Caesars Palace Las Vegas, seen here. He closed theCaesars Palace Las Vegas, seen here. He closed theviejas casino pictures mgm casino host salary |