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peppermill casino stockThe CEO added “there’s room for multiple success stories in this space,” and that he’s convinced Caesars is going to be one of them.Sports BoomIn his opening remarks on a conference call with analysts and investors, Reeg said he frequently takes questions regarding the fate of the combined company’s online casino and sports betting businesses.The CEO pointed out some of that softness is being offset by gains from unrated players.live casino reviewThis year, the company’s online gaming unit in New Jersey alone could account for 5 million in turnover, with margins in the high 30s on a percentage basis, said Reeg.”Reiterating that the company will sell a Strip property, the CEO said, because of COVID-19, the timeline for that sale could be 12 to 18 months rather than the initial projection of a year.In terms of expansion, the CEO said there isn’t an immediate need to enter cities or regions in which Caesars currently doesn’t have a footprint, and implied international expansion is off the table for the foreseeable future.running aces casino forest lake

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