kwik trip by black bear casinoThe stock raced to a new 52-week high after Goldman Sachs initiated coverage of the gaming company with a “buy” rating. He was caronline casino caribbean stud pokereful to note the company won’t react in knee-jerk fashion simply because markets are assigning lofty multiples to online gaming firms.The CEO said internet casinos and sports wagering could generate 0 million to 0 million in revenue for the company in 2021, with New Jersey iGaming alone contributing 5 million.JPMorgan has a price target on Caesars, implying roughly 25 percent upside from current levels. Barstool Sports and founder David Portnoy, seen here, are big reasons Goldman Sachs is bullish on Penn National Gaming. gold coast casino movie theaterCiting frequently discussed factors, such as strength in the operator’s regional portfolios and sports wagering, JPMorgan calls the new Caesars an “attractive” opportunity among gaming equities.We view CZR as a high-risk, high-reward stock (35% upside) for investors seeking exposure to the recovery of the US regional gaming market, which has a permanently lower operating expense structure that should yield higher than historical margins,” said the bank in a note to clients.Better-than-expected traffic and higher margins, particularly at properties in the South, are propping up Caesars’ regional portfolio. Caesars Palace in Atlantic City. In one of the best days in its new form, Caesars Entertainment (NASDAQ:CZR) is higher by nine percent in midday trading. table games at mardi gras casino

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mountaineer casino lodge roomsThat’s after JPMorgan restarted coverage of the gaming company with an “outperform” rating. Caesars Palace in Atlantic City. The stock raced to a new 52-week high after Goldman Sachs initiated coverage of the gaming company with a “buy” rating. valley forge casino employeesThat’s while the operator waits for destination markets, namely Las Vegaonline casino caribbean stud pokers, to rebound from the ill effects of the coronavirus pandemic.Sports Betting SurgeJPMorgan speaks glowingly about Caesars’ exposure in the online casinos and sports wagering markets, segments that have the investment community currently enthralled.Previously, Caesars was a retail sports betting behemoth with a growing internet casino operation in states where that activity is permitted. Shares of Penn National Gaming (NASDAQ:PENN) are higher by more than seven percent Thursday. (Image: St. aliante casino food places

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