2024.07.18
turtle lake casino buffet todayCaesars’ stock could offer much more upside. That’s a performance many investors may believe is attributable to the company’s expanding iGaming and sports wagering footprints. 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 valuehard rock casino entertainment at their brick and mortar properties as well,” concludes Wieczynski. royal ace casino no deposit bonus july 2021But it’s possible the company could be motivated by the price points on recent sales. 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. telephone number for desert diamond casino gold coast casino eventsseminole casino near cape coral flCaesars Entertainment (NASDAQ:CZR) stock is up 56.39 year-to-date. Interested “Given where comps have transacted, we see no reason why CZR couldn’t get as high as a low-teens multiple on one of the assets perceived to be for sale.”The analyst adds the sale of a Strip venue should dramatically accelerate management’s efforts to delever the balance sheet.Ahead of the Curve in Sports BettingData suggest Caesars’ newly launched online sportsbook has ground to make up against larger rivals. lake tahoe casino package dealsBut it’s traditional casinos driving enthusiasm for the shares. In a note to clients today, the analyst reiterates a “buy” rating on Caesars’ stock, while boosting his price target to 8 from 0. But Caesars hasn’t publicly said that those are the venues it’s prioritizing in potential sales.“Furthermore, while management has historically indihard rock casino entertainmentcated 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. covid and online gambling downstream casino discount couponsisland resort and casino job openingsBut it’s possible the company could be motivated by the price points on recent sales. A listing photo of the Beverly Hills mansion Steve Wynn is trying to sell. It also liquidated part of the inherited NeoGames (NASDAQ:NGMS) stake. An analyst sees an asset sale looming. But Caesars hasn’t publicly said that those are the venues it’s prioritizing in potential sales.“Furthermore, while management has historically indihard rock casino entertainmentcated 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. Caesars’ stock could offer much more upside. gold coast casino poker room code share double down casino |