2025.09.16
harrah s casino wilmington deAnalysts are now opining about what the gaming company will do with the influx of cash.Rod Ratcliff, a longtime Indiana gaming executive who has been under investigation by state regulators, has reached a settlement to sell his shares of Spectpeppermill casino historyacle Entertainment.Macquarie analyst Chad Beynon says it’s possible that the company will continue mulling entry into the rapidly growing US iGaming and sports betting segments.casino k icon“Mitigating our favorable view is our thought that this sale removes an opportunity for the company to compete in the expanding US sports betting market,” he wrote in a note today.As Wieczynski points out, Venetian and Palazzo on the Strip generated just 7 million in earnings before interest, taxes, depreciation and amortization (EBITDA) in 2019 — nine percent of Sands’ total — meaning it’s possible the company directs some of the sale proceeds to enhancing some of its five Macau properties or Marina Bay Sands (MBS) in Singapore.”Good News for RivalsWhile it’s arguably impressive LVS was able to fetch .free online real slots draftkings casino historyfree casino slot games heart of vegasMacquarie analyst Chad Beynon says it’s possible that the company will continue mulling entry into the rapidly growing US iGaming and sports betting segments.”Sands Convention Center and the Palazzo on the Strip.hard rock casino ohioConversely, Morningstar analyst Dan Wasiolek sees LVS’s sale of its Las Vegas assets as a possible hindrance to its domestic sports betting ambitions.“They might also be keeping dry powder in case larger capital investments are needed in their Asian gaming markets, especially around the Macau concession renewal process that should start next year.Other Ideas for LVS CashThe Stifel analyst say it’s a “maybe” that LVS uses some of the capital from the Venetian transaction to reinstate its dividend.encore casino in las vegas admiral casino clapham junctiongolden nugget casino michiganThey remain shuttered, but are expected to reopen on April 12.They remain shuttered, but are expected to reopen on April 12.At this point, we think LVS will be keeping more dry powder, as there could be domestic opportunities on the horizon in ‘new’ gaminpeppermill casino historyg markets like Texas or New York,” writes Stifel analyst Steven Wieczynski.That’s according to orders posted by the Indiana Gaming Commission on Tuesday.The company suspended the payout last April amid the coronavirus pandemic, crimping its bottom line – something late Chairman and CEO Sheldon Adelson was loathe to do, given his fondness for dividends.As Wieczynski points out, Venetian and Palazzo on the Strip generated just 7 million in earnings before interest, taxes, depreciation and amortization (EBITDA) in 2019 — nine percent of Sands’ total — meaning it’s possible the company directs some of the sale proceeds to enhancing some of its five Macau properties or Marina Bay Sands (MBS) in Singapore.wild 7 casino amatic hollywood casino covid 19 rules |