winstar world casino fireworks showCaesars Entertainment (NASDAQ:CZR) delivered its first earnings update as the largest US gaming company Thursday after the close of US markets.As expected, the June quarter numbers were dreadful because of the coronavirus shutdown, prompting analysts to focus more on management commentary.In its first earnings report in new form, Caesars Entertainment (NASDAQ:CZR) reported a loss of 0 million on revenue of 6.poker casino nova scotiaCaesars Palace Las Vegas, seen here, may be slow for a while, but analysts like the opportunity with the new Caesars stock.Some analysts see things differently.Since the middle of that month, 51 Caesars venues reopened.choctaw casino employment

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slot planet casino 50 free spinsMeeting Las Vegas ChallengesThe new Caesars has an extensive portfolio of regional casinos, providing some buffer against the current headwinds operators are facing in Las Vegas.We believe investors misunderstand CZR’s value regarding iGaming and sports betting,” said Macquarie analyst Chad Beynon in a note to clients today.On the call, Reeg created some buzz in discussing the new Caesars broad online casino and sports wagering business, noting that a decision on that segment could be revealed before the end of 2020, while saying it could generate 0 million to 0 million in revenue next year.firekeepers casino indian tribeThe post-earnings chatter on the name is broadly positive, with price forecasts well in excess of current levels.(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.(Image: Travel Channel)The “new Caesars” — the combination of the old version of that company and its acquirer, Eldorado Resorts — joins a growing list of gaming companies reporting dismal second-quarter results because of the coronavirus pandemic.download hard rock casino

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mgm grand casino las vegas hoursHowever, Reeg noted there’s been weakness among gamblers 55-years-old and up because older demographics are more susceptible to contracting the coronavirus.Caesars Entertainment (NASDAQ:CZR) delivered its first earnings update as the largest US gaming company Thursday after the close of US markets.Beynon, the Macjamul casino ufcquarie analyst, said he’s confident management can drive 0 million in cost savings, and that there are deleveraging opportunities in the form of selling a Strip venue, as well as three gaming properties in Indiana.Some analysts see things differently.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.Meeting Las Vegas ChallengesThe new Caesars has an extensive portfolio of regional casinos, providing some buffer against the current headwinds operators are facing in Las Vegas.draftkings casino in az