2024.07.18
seneca niagara casino 18 years oldBut it’s possible the company could be motivated by the price points on recent sales. Caesars Entertainment (NASDAQ:CZR) stock is up 56.39 year-to-date. It also liquidated part of the inherited NeoGames (NASDAQ:NGMS) stake. hallmark casino comBut 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 performance many investors may believe is attributable to the company’s expanding iGaming and sports wagering footprints. raging bull casino 20 deposit bonus codes is the cache creek casino buffet opentable games at casino niagara(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. “As one example, management has already begun to utilize sports betting marketing data to drive promotional decisions at the property (those customers would effectively be treated as unrated, otherwise).”Former casino mogul Steve Wynn is once again trying to unload one of the most lavish and expansive mansions in Beverly Hills. aliante casino shuttleBut Caesars hasn’t publicly said that those are the venues it’s prioritizing in potential sales.“Furthermore, while management has historically indimohegan sun casino uconncated 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. A listing photo of the Beverly Hills mansion Steve Wynn is trying to sell. In a note to clients today, the analyst reiterates a “buy” rating on Caesars’ stock, while boosting his price target to 8 from 0. electronic casino slot machine lucky creek casino welcome bonuskansas seminole casinoBut Caesars hasn’t publicly said that those are the venues it’s prioritizing in potential sales.“Furthermore, while management has historically indimohegan sun casino uconncated 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. In a note to clients today, the analyst reiterates a “buy” rating on Caesars’ stock, while boosting his price target to 8 from 0. “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. Golden’s route business operates in Montana and Nevada, with Illinois and Pennsylvania possible near-term additions.The company generates 85 percent of its revenue from the Las Vegas locals segment, and is the dominant force in hyper-local Las Vegas gaming offerings.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. It also liquidated part of the inherited NeoGames (NASDAQ:NGMS) stake. viejas casino floor map casino golden palace jeu en ligne |