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As it nears completion of its acquisition of Caesars Entertainment (NASDAQ:CZR), Eldorado Resis luckyland slots legalorts (NASDAQ:ERI) remains one of the preferred gaming equities among sell-side analysts. morongo casino name change Twin River Casino Phone Number Vyaq Wolfe Research analyst Jared Shojaian recently boosted his price forecast on the soon-to-be casino behemoth. As it closes in on completing the Caesars purchase, Eldorado lands more bullish commentary from a Wall Street analyst. turtle lake wis casino (Image: The Times)In lifting his price target on Eldorado to from , Shojaian highlights the strength in regional gaming properties, particularly those operated by Caesars, following the recent coronavirus reopenings. free online slots 12 times machines wynn las vegas sky casino We knew trends were performing well, but the data is impressive and still better than we expected, and so we raise estimates and our target price,” said Shojaian. In a recent filing with the Securities and Exchange Commission (SEC), Caesars said revenue at its regional casinos that were open in May and June jumped nine percent to 11 percent year-over-year.

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” Analysts are favoring regional operators, saying that the venues run by those companies will recover more rapidly than destination market equivalents because many tourists are still reluctant to fly. encore casino stores Shojaian sees some of the margin expansion that’s buoying regional companies today retreating a bit as capacity increases. free slot games demo “From a margin perspective, we do believe the industry will operate at margins above pre-COVID levels over the longer term, given some permanent changes. casino table games best odds But the current record levels feel unsustainable to captain jack gambling machine