2025.09.16
foxwoods resort casino ctCount 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.(Image: Las Vegas Review-Journal)While year-to-date returns for operators such as Boyd Gaming (NYSE:BYD), Caesars Entertainment (NASDAQ:CZR), Churchill Downs (NASDAQ:CHDN), Penn NationThe 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.santa ana casino hours of operationBut that got lost in the shuffle amid a flurry of activity, including a 0 capital raise, wrapping up the Gamesys acquisition — its largest to date — and the purchase of the Tropicana Las Vegas.Declines of 20 percent or more from recent highs signal bear markets.(NYSE:BALY) stock is joining other gaming names in what is now a protracted slump, as the casino operaparagon casino fireworkstor shed 4.bicycle casino texas holdem scarlet pearl casino d ibervillepoker casino deutschlandLooking 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.9 million.Last November, the company paid 5 million for Bet.lucky creek casino bonusCOVID-19 resulted in fewer guests and overnight stays in Atlantic City last year.But Ocean kept its rooms occupied better than the eight other casinos in town.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 dreb code free online slots pompeiifoxwoods resort casino hotel reservationsTime to Deliver the GoodsFor some time, Bally’s has been one of the most acquisitive companies in the gaming industry.Declines of 20 percent or more from recent highs signal bear markets.Last November, the company paid 5 million for Bet.Borgata was a distant second at 0.Works, a provider of sports betting platforms.Bally’s Atlantic City.ruby video slots aliante casino las vegas reservations |