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wild casino mage 2020(Image: Bloomberg)The bank raised its rating on shares of the Encore operator to “overweight” from “equal-weight,” while lifting its price target on the name to from , implying upside of 29 percent from last Friday’s close.Additionally, as one of six license holders in Maryland, the company is likely to benefit from what’s expected to be easy approval of sports wagering there on Election Day.Why would anyone drive from LA to Victorville to get on a train?The bulk of the company’s other venues are largely dependent on the Las Vegas locals (LVL) segment, one that’s showing signs of life against the challenging coronavirus backdrop.Vital to Golden’s near-term outlook, Bain says the operator is already hitting pre-pandemic levels of EBITDA generation, which is a rarity in the gaming industry these days.Additionally, as one of six license holders in Maryland, the company is likely to benefit from what’s expected to be easy approval of sports wagering there on Election Day.lucky tiger casino verification