2025.12.15
paragon casino bus trips from houston(Image: Richard Brian/AP)Some members of the sell-side community liked what Caesars CEO Tom Reeg and other executives had to say on yesterday’s conference call.5 million, down from net income of .The lobby at Caesars Palace Las Vegas.casino hotel new jerseyWe believe investors misunderstand CZR’s value regarding iGaming and sports betting,” said Macquarie analyst Chad Beynon in a note to clients today.ster district of the capital city this past week.The CEO pointed out some of that softness is being offset by gains from unrated players.mgm grand dc casino resorts casino epic loungewinstar world casino is it openCaesars is entitled to 50 percent of earnings before interest, taxes, depreciation and amortization (EBITDA) under that agreement, according to Beynon.The CEO pointed out some of that softness is being offset by gains from unrated players.However, he said Reeg and team delivered a compelling case for the strength of the Strip portfolio.downstream casino golf courseHe reiterated a “buy” rating on Caesars stock, with a price target, while Beynon reissued an “outperform” call with a forecast.”Due to a long-standing relationship with the old Eldorado Resorts — the company that acquired Caesars — William Hill will run the new Caesars’coolcat casino ndb codes 2020 sportsbooks.“With a strong economic partnership with William Hill and 100% economics for iGaming, we believe CZR’s 60 million loyalty members could be worth ~ per share.borgata pa online casino customer service hallmark casino reviews7 turtle creek drSince the middle of that month, 51 Caesars venues reopened.Caesars Palace Las Vegas, seen here, may be slow for a while, but analysts like the opportunity with the new Caesars stock.However, Reeg noted there’s been weakness among gamblers 55-years-old and up because older demographics are more susceptible to contracting the coronavirus.In Sin City, the company runs six integrated resorts, a trait some investors view as a drag at a time when many would-be visitors are skittish about traveling because of the COVID-19 pandemic.Bullish commentary on regional casinos is on par with what Eldorado and the old Caesars said following reopenings and in the weeks leading up to finalization of the .On yesterday’s conference call, Reeg said it’s still in the plans to sell a Strip asset, though that timeline could be extended to 18 months from the original forecast of a year after closing the takeover.free casino slots games with bonus rounds live casino job fair |