2025.11.02
bellagio casino and hotelWhile COVID headwinds could pressure near-term estimates as travel/gathering restrictions remain in place (and could get worse), we believe CZR remains well positioned long-term as the world eventually recovers from this pandemic, given their compelling asset mix (Vegas/regionals/sports betting/iGaming),” said the analyst.Experts question the effectiveness of that protocol and the limits on guests crimps Caesars, which runs 17 gaming venues in the Silver State.None of the three casinos have hit that threshold in recent months and been forced to turn away gamblers.casino york paThe building has been crumbling in recent years, and the towering structure has been a stark reminder of the region’s economiThe building has been crumbling in recent years, and the towering structure has been a stark reminder of the region’s economiFirming up the balance sheet is vital, because Caesars carried .hard rock casino hotel atlantic city firekeepers casino reviewswild casino free playAny deleveraging event that CZR can participate in will only drive the equity value higher, given leverage is one of the biggest overhangs on this story,” he writes.75 a share in free cash flow by 2023.“The William Hill deal closes late-1Q to early-2Q which should cause investors to start thinking more about the long-term possibilities behind CZR’s sports betting/iGaming platform,” said Wieczynski.palace station casino parkingThe casinos can resume gaming around the clock, but they continue to be limited to 25 percent of their fire code capacity.“We believe there are eight to 12 states that could go down the path of legalizing sports betting this year which should continue to support long-term total addressable market (TAM) estimates (no monline casino michigan free playatter how crazy they are),” said Wieczynski.Add that into the sports betting thesis, and there’s room for more upside in the stock.free casino slot games for android brian christopher slots yesterdaycasino 500 poker chip setHe notes that as more of them get vaccinated, pent-up demand will be unleashed as soon as this year.As the vaccine continues to be administered, Maddox is optimistic that the gaming industry — both in Massachusetts and nationwide — will quickly return.Catalysts Can Outlast COVID-19As the second-largest operator on the Las Vegas Strip, Caesars stock is long regarded as a play on vaccine distribution and an economic rebound in the largest domestic gaming hub.Caesars Entertainment (NASDAQ:CZR) is higher by more than eight percent to start 2021 and 111 percent over the past six months.“We believe there are eight to 12 states that could go down the path of legalizing sports betting this year which should continue to support long-term total addressable market (TAM) estimates (no monline casino michigan free playatter how crazy they are),” said Wieczynski.Other Levers to PullThe Stifel analyst points out that Caesars remains intent on divesting a Strip property, and that process could accelerate as coronavirus vaccines are distributed on a broader scale.peppermill casino flights hard rock casino age limit |