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admiral casino austria(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 .It wasn’t all due to the coronavirus.Nevada Gov.winning hands of poker in order”Shows Play Critical RoleLas Vegas casinos rely heavily on marquee entertainment to attract guests to their properties.Nevada Gov.Then the coronavirus pandemic struck, sending gaming equities tumbling.cashman casino levels

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free slots kronos unleashedPresent shows that are now in jeopardy of being canceled include “Michael Jackson: One” at Mandalay Bay, “The Beatles Love” at The Mirage, “Ka” at MGM Grand, “Zumanity” at New York-New York, “O” at Bellagio, and “Mystere” at TI.Steve Sisolak (D) allowed casinos to begin reopening June 4 but said he will delay moving into Phase Three of reopening after Nevada recently experienced an upward trend in the number of coronavirus cases.Our long-term bullish thesis around the ERI story has not changed at all,” said the analyst.hollywood casino gift cardAs 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.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.”All 44 of Cirque’s global shows were shut down in March.las atlantis casino online legit

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casinos like miami club casinoBut he sees plenty of tailwinds coming from the operator’s takeover of rival Caesars Entertainment (NASDAQ:CZR).Nevada Gov.“While there might not be a linear path to triple-digit land, given there could be some rocky trading patterns in the near-term until the COVID-19 noise/overhang dissipates, we have even more conviction in management’s CZR synergy opportunity, as well as the free cash flow (FCF) potential of the combined entity,” said the analyst.Our long-term bullish thesis around the ERI story has not changed at all,” said the analyst.“You know, the ones who made Cirque the entertainment juggernaut it had become.“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.8 casino parade point cook

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