2025.11.03
draftkings casino demo(NYSE:BALY) stock is joining other gaming names in what is now a protracted slump, as the casino operariver spirit casino golftor shed 4.In a note to clients today, Andress reiterates an “overweight” rating on Bally’s, with a price target.Last week, Bally’s forecast first-quarter revenue that topped Wall Street estimates.peppermill casino covidWorks buy and the launch of a mobile app for sports wagering — slated for later this year — are “the next key proof points” for Bally’s.Most of the funds are being used to revive the casino floor.But as KeyBanc’s Andress notes, the time is coming for Bally’s to show that the acquisition activity is paying off.desert diamond casino benefits luckyland slots taxesslot casino san diegoThat purchase is pivotal to Bally’s efforts to bring online spriver spirit casino golforts betting technology in-house, which should increase margins and lower costs.The KeyBanc analyst lifts his 2021 earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) estimate on Bally’s to 6 million, and his 2022 forecast to 3 million, citing the operator’s recent spate of dealmaking.(Image: Bloomberg)Some analysts believe this the pullback late-arriving investors have been waiting for in the previously high-flying name.four winds casino ebHe says the Bet.Data supplied by the New Jersey Division of Gaming Enforcement reveals that Ocean’s 1,399 guestrooms were occupied last year at a rate of 84 percent.Luxor Capital, the New York-based private equity firm that currently controls Ocean, says The Loft is part of a million refreshing of the overall property.pechanga casino sports betting coolcat casino free chiptiktak 8 live casinoBut as KeyBanc’s Andress notes, the time is coming for Bally’s to show that the acquisition activity is paying off.Looking ahead, we see a favorable risk/reward at current levels (land-based and Gamesys imply little credit to online sports betting/iGaming potential at current levels); however, with the majority of the puzzle pieces now in place, we believe investor focus is rightfully shifting to execution,” writes Andress.KeyBanc sees reasons to like the operator’s stock.Bank of America is bullish on regional casino operators.Count KeyBanc Capital Markets analyst Brett Andress is among those on the sell side forecasting upside for Bally’s stock, even against the backdrop of the recent slump.But as KeyBanc’s Andress notes, the time is coming for Bally’s to show that the acquisition activity is paying off.raging bull casino 50 free chip chinook winds casino fireworks 2021 |