2025.12.16
pechanga casino bookingPrivate equity colossus Blackstone (NYSE:BX) continues forging into the gaming business.60 to a gain of .Like other gaming companies, the City of Dreams operator is searching for more cash, and the sale of its Crown stake, albeit at a loss, is an easy avenue for bolstering its balance sheet.casino near me joliet illinois(Image: Reuters)The private equity firm is paying 0 million for all of the Crown shares previously held by the Macau operator, meaning Melco sold that equity at prices that were 37.60 to a gain of .67 million Crown shares.slot machine at casino cache creek casino parkingharrah s cherokee casino entertainment(Image: Twitter)This year, Wynn is dealing with temporary closures of its two Las Vegas Strip Venues and Encore Boston Harbor by COVID-19.60.With the coronavirus outbreak still weighing on the gaming industry, it’s not surprising that analysts are divided on how the health crisis is affecting individual operators’ financial results.resorts casino shoppingThe publication’s research indicates that analyst estimates on Wynn 2020 EPS currently range anywhere from a loss of .60 to a gain of .31 a share for 67.is chinook winds casino still open jackpot city free slot gamesblack oak casino pet policyMelco’s sale represents the latest in an ongoing saga for Crown investors, one that also included a brief 2019 flirtation with a takeover offer from Wynn Resorts (NASDAQ:WYNN).For now, though, investors should take the purportedly ‘consensus’ earnings expectatriver spirit casino oklahoma cityions and price targets with a grain of salt, especially for certain sectors and stocks, where there really isn’t much consensus among analysts,” according to a Barron’s analysis of S&P 500 companies with wide dispersion in EPS projections.But when it comes to Wynn Resorts (NASDAQ:WYNN), there’s nothing close to a consensus.60.Blackstone, the owner of the Cosmopolitan Las Vegas, is a growing force in the casino real estate business, recently acquiring the Bellagio from MGM Resorts International (NYSE:MGM) and partnering with MGM Growth Properties (NYSE:MGP) to purchase the real estate of Mandalay Bay and MGM Grand.Amid plunging traveler numbers because of curbs imposed to contain the new coronavirus, Melco scrapped its planned purchase of a second 9.free slots king kong call peppermill casino |