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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. chumba casino recent winners “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. But a decision is highly unlikely without clarity on the national IR Basic Policy. las viejas casino in san diego ”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. casinohack.xyz big fish casino That rise came after Roth Capital analyst David Bain issued bullish commentary on the stock. 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. Online Gambling Tax Rate Msfw

Key Insights and Expert Analysis

The analyst’s note has the stock on pace for its best intraday performance since March 19. kansas star casino covid black oak casino promo codes “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 . Go Karts At Foxwoods Resort Casino Ceuy We see a high case of and a low case of . Black Bear Casino Tribe Bixd 50. Assuming Bain’s . hard rock casino near me 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.

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. desert diamond casino buffet 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. governor of poker 3 free online Last month, the Nevada Gaming Commission (NGC) endorsed several rule changes that could make cashless wagering systems mainstream in the Silver State. is foxwoods better than mohegan sun 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. Bain also points out that Everi has a recurring revenue model, while its rivals mostly rely on one-time sales. lucky tiger slots That makes revenue visibility easier to