2025.10.09
encore casino victoriaCaesars Palace in Las Vegas.Las Vegas heavily relies on conventions, its monthly average in 2019 totaling some 554,000 people for meetings.But one analyst views the weakness as an opportunity for long-term investors to get involved with the name.black hawk casino roomsCES brings in more than 175,000 attendees annually to the region, resulting in an economic impact of around 0 million each year.(Image: Steve Marcus/Reuters)It’s the latest devastating fiscal fallout for Southern Nevada in wake of the COVID-19 pandemic.Shares of Caesars Entertainment (NASDAQ:CZR) are off about 25 percent since the acquisition creating the gaming Goliath was finalized earlier this month.seven feathers casino livingston texas harrah s cherokee casino age limitblackjack at casino rulesHe previously said Eldorado could become a 0 stock, through the path to triple-digit territory would not be linear.While we fully expect shares cohard rock casino lake tahoe arcadeuld remain pressured in the near-term until we get more clarity around the virus situation and its ultimate impact on gaming trends (especially Las Vegas), we believe this name is set up well for the long-term, given management’s ability to create significant shareholder value,” Wieczynski said.But, he adds, his bullish thesis on the name hasn’t changed, and that it could be a 0 stock in the future.twin river casino numberThe new Caesars Entertainment stock is struggling, but an analyst sees big upside potential.According to the Las Vegas Convention and Visitors Authority (LVCVA), the average nightly rate for a Strip casino room in 2019 went for 3.Along with conventions, Las Vegas’ A-list entertainment options are also likely dark for some time.boulder station casino jobs casinos near mewinstar world casino hotel dealsCES brings in more than 175,000 attendees annually to the region, resulting in an economic impact of around 0 million each year.Companies with strong balance sheets and sound management teams that could make a run at the Tropicana include TRWH and Monarch Casino & Resort (NASDAQ:MCRI).(Image: Yahoo News)In a new note to clients, Stifel analyst Steven Wieczynski said there are some overhangs that could weigh on the stock over the near-term.Previously, Wieczynski was enthusiastic on Eldorado Resorts, the company that bought Caesars and took that name.And it isn’t only the Strip that benefits from the higher January kickoff.Along with conventions, Las Vegas’ A-list entertainment options are also likely dark for some time.online casino in nj kansas star casino gift card |