2025.11.09
casino roulette lucky numbers(Image: AP News)In a note to clients earlier today, Stifel analyst Steven Wieczynski reiterated a “buy” rating on the regional gaming company, while boosting his price forecast to from .Financial DemiseCirque du Soleil is a Montreal-based private company that traces its origins back to 1984 when street performers Guy Laliberte and Gilles Ste-Croix formed a troupe of some 20 performers.If a superior court approves of the request during a hearing tomorrow, Cirque says it will then seek Chapter 15 protection in the United States.twin river casino table gamesAs news of its bankruptcy filing hit today, Cirque had several shows on the Strip waiting to resume performances once given the all-clear from state officials.The company laid off approximately 95 percent of its 4,700 staff and performers, including 1,300 workers in Las Vegas.However, with zero revenues since the forced closure of all of our shows due to COVID-19, management had to act decisively to protect the Company’s future,” said Daniel Lamarre, president and CEO of Cirque du Soleil Entertainment Group.lucky creek casino payout email bovada 100 casino bonusfree slot machines sevens“ERI remains our top idea across our entire coverage universe, and we still believe this will be a triple-digit stock at some point in the not-too-distant future.”All 44 of Cirque’s global shows were shut down in March.The new projection implies an upside of more than 50 percent from where the name trades at this writing.boomtown casino fireworks“You know, the ones who made Cirque the entertainment juggernaut it had become.“ERI remains our top idea across our entire coverage universe, and we still believe this will be a triple-digit stock at some point in the not-too-distant future.But he sees plenty of tailwinds coming from the operator’s takeover of rival Caesars Entertainment (NASDAQ:CZR).hotels near santa ana casino albuquerque nm wynn casino las vegas covidtwin river casino entrances5 billion to three private equity firms.”The Monday rebound for ERI stock comes after the name bled almost 14 percent last week, as gaming equities were pummeled by a resurgence in coronavirus cases.A press release today announced the news that Cirque du Soleil Entertainment Group has filed for protection from its creditors under the Companies’ Creditors Arrangement Act (CCAA) in Quebec.”Shows Play Critical RoleLas Vegas casinos rely heavily on marquee entertainment to attract guests to their properties.Investopedia explains that Chapter 15, a section of the US Bankruptcy Code, is a bankruptcy filing that has mechanisms designed “to foster a cooperative environment in international insolvencies.“The new owners reportedly pivoted Cirque toward being an analytics-driven culture, which is pretty much the best way to suck the souls from creative people,” Scott Roeben of Vital Vegas reported earlier this year.luckyland slots taxes mountaineer casino west virginia website |