draftkings casino and sportsbook(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.(Image: Steve Marcus/Reuters)It’s the latest devastating fiscal fallout for Southern Nevada in wake of the COVID-19 pandemic.CES, the world’s largest consumer electronics show, is pulling the plug on its in-person 2021 convention, which was scheduled for Las Vegas in January.slots era free onlineDowntown Las Vegas rooms averaged .While we fully expect shares coslot machine casino strategyuld 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.According to the Las Vegas Convention and Visitors Authority (LVCVA), the average nightly rate for a Strip casino room in 2019 went for 3.slot machine casino las vegas

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palace station casino theaterNo month came even close to January, when the average daily room rate sold for 9.According to the Las Vegas Convention and Visitors Authority (LVCVA), the average nightly rate for a Strip casino room in 2019 went for 3.Shares of Caesars Entertainment (NASDAQ:CZR) are off about 25 percent since the acquisition creating the gaming Goliath was finalized earlier this month.sycuan casino concerts 2021of buyers for gaming properties, at least over the near-term, could be shallow.CES brings in more than 175,000 attendees annually to the region, resulting in an economic impact of around 0 million each year.Las Vegas heavily relies on conventions, its monthly average in 2019 totaling some 554,000 people for meetings.big fish casino lawsuit 2020

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intertops casino promotionsThat money will be lost in 2021.Along with conventions, Las Vegas’ A-list entertainment options are also likely dark for some time.Golden Nugget owner Tilman Fertitta is rumored to be interested in Strip assets.In his most recent note, he places a “buy” rating on the new Caesars, with” CES plans to return to Las Vegas for 2022.But neither has publicly expressed an interest in the venue.online gambling help chat