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“The prefecture completed what they considered as their RFC period at the end of May to very little fanfare,” said Bay City Ventures’ Kokuryo. kansas star casino hotel phone number Chinook Winds Casino Players Club Prkf “Governor Omura is expected to make a decision soon on whether or not the prefecture will go forward with their Airport Island IR development plan. chumash casino directions But a decision is highly unlikely without clarity on the national IR Basic Policy. ”Because of the prefecture’s potentially late arrival to the fray, it’s not immediately clear what operators will be interested in the region or what construction costs will be. Shares of Everi Holdibicycle casino tournament blogngs (NYSE:EVRI) are higher by nearly 24 percent in midday trading Friday, making the gaming software company one of the best-performing names on the New York Stock Exchange. slot casino joker 63 mgm grand casino card That rise came after Roth Capital analyst David Bain issued bullish commentary on the stock. casino 888 login With more casinos considering cashless transactions, Everi stands to benefit, says an analyst. (Image: Tribal Gaming and Hospitality Magazine)Bain initiates coverage of Everi with a “buy” rating and a price target, implying the stock will more than triple from Thursday’s close at . 66.

Key Insights and Expert Analysis

The analyst’s note has the stock on pace for its best intraday performance since March 19. casino slot tips for beginners free slot machines now “We believe EVRI deserves the casino supplier peer-high stock multiple,” writes Bain. “Peers lack Fintech, have less earnings visibility, (heavier weighted toward one-time sales) and most have less upside optionality, in our view. Our sum of the parts (SOTP) analysis yields a base-case valuation of . viejas casino poker room jamul casino points We see a high case of and a low case of . 50. sam s town casino steakhouse Assuming Bain’s . 50 forecast proves accurate, that still means Everi would roughly double from current levels. If the more enthusiastic call winds up being correct, that means the gaming stock would more than quadruple from where it trades at this writing. online casino las atlantis

Cashless MomentumIn the wake of the coronavirus, there’s significant momentum for casinos to move to cashless payments to cut down on the possible health risks associated with players handing debicycle casino tournament blogalers currency in exchange for chips. That shift could be a boon for Everi. “EVRI’s roughly 70% of Fintech share in North American casinos stages natural/unique add-on technologies addressing casino loyalty, current cashless floor momentum, and outside four-wall opportunities, which other gaming suppliers (and Fintech peers) simply cannot replicate,” said Bain. Last month, the Nevada Gaming Commission (NGC) endorsed several rule changes that could make cashless wagering systems mainstream in the Silver State. Everi’s CashClub Wallet expands on the old ticket-out/ticket-in technology typically used for kiosks and slot machines by allowing patrons to have winnings deposited directly into a digital wallet. That eliminates the need for gamblers to take chips or tickets to the cage for cash. morongo casino buffet open Bain also points out that Everi has a recurring revenue model, while its rivals mostly rely on one-time sales. chumba casino 100 free play That makes revenue visibility easier to