2024.07.12
is intertops casino downHe closed theAn analyst sees a lot to like with the stock. Much of that debt is junk-rated, meaning higher interest expense.It could take some time, but trimming that burden is possible. black hawk casino open todayNeither the billionaire nor his family have been involved in the gaming industry for many years.The building has been crumbling in recent years, and the towering structure has been a stark reminder of the region’s economic difficulties over the past decade-plus. Two 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. 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. mountaineer casino free drinks m life online casinofree slots casino.orgs 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. The building has been vacant since 2014. hallmark casino free spins“Once the deal closes, we would expect management to start laying out more details behind a possible sports betting/iGaming spinout, or what the earnings power of the 100% controlled entity could look like.”The analyst says another potential spark for Caesars is the 55 and up age demographic. An analyst sees a lot to like with the stock. 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. draftkings casino las vegas casino worldisland view casino employeesAdd 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. It hasn’t been the billionaire corporate raider’s best bet.Icahn’s acquisition of TER included two properties, both in Atlantic City. (Image: AP)Conceived by former President Donald Trump, the Boardwalk casino resort opened in May of 1984. (Image: Barron’s)In a note to clients today, Stifel analyst Steven Wieczynski reiterates a “buy” rating on Caesars stock, while lifting his price target on the name to 5 from . Neither the billionaire nor his family have been involved in the gaming industry for many years.The building has been crumbling in recent years, and the towering structure has been a stark reminder of the region’s economic difficulties over the past decade-plus. It hasn’t been the billionaire corporate raider’s best bet.Icahn’s acquisition of TER included two properties, both in Atlantic City. 3 reel slots real money wynn casino las vegas tour |