Seven Feathers Casino Livingston Texas  flies to Los Angeles, and by car, takes more than an hour. Why would anyone drive from LA to Victorville to get on a train? ” asked one Casino. org reader to our earlier coverage on the concept. “And how will that help traffic exactly? cache creek casino concerts 2020 The traffic to and from Apple Valley where this ends will be the same as now,” commented another. Hard Rock Casino Tulsa 18 Years Old Keji In Brightline’s defense, future extensions were planned from Victorville to Rancho Cucamonga in San Bernardino County, and to Los Angeles’ Union Station. morongo casino county Bonds ReturnedCalifornia Treasurer Fiona Ma said the bonds that were to be issued through the Brightline development will instead be used to fund affordable housing projects and other qualifying ventures. roulette casino ligne

“Unfortunately, there is not a lot of liquidity in the market, and a lot of economic uncertainty at this moment,” Ma told Bloomberg regarding Brightline. “The project is postponed until market liquidity improves. ”The train saga continues, however. Brightline spokesperson Ben Porritt explained, “We will continue to move the project forward. kansas star casino deli ” Golden Entertainment, Inc. (NASDAQ:GDEN) stock could be the next big thing among gaming equities. island view casino win lob statement One analyst says the Strat operator is likely to report a significant earnings beat when it delivers quarterly results on Thursday. Construction on the Strat Las Vegas in 2019, seen here.

Key Insights and Expert Analysis

An analyst is bullish on Golden Entertainment, owner of the property. mgm casino food court thunder valley casino shuttle (Image: Twitter)In a note to clients today, Roth Capital analyst river spirit casino oklahoma cityDavid Bain rates Golden a “buy,” with a price target. He implied it could more than double from the Oct. 30 close. With the assistance of the analyst’s bull call, shares of the gaming company are higher by more than six percent in midday trading. For investors willing to wait a while, upside could exceed that forecast. In line with 2022 enterprise value/earnings before interest, taxes, depreciation and amortization (EBITDA) and 2021 free cash flow yield peer averages infer shares would trade for /, respectively,” writes Bain. Vital to Golden’s near-term outlook, Bain says the operator is already hitting pre-pandemic levels of EBITDA generation, which is a rarity in the gaming industry these days. The Raging Bull Casino Ckvc

He notes his third- and fourth-quarter EBITDA forecasts are 77 percent and 35 percent above Wall Street consensus. Something to the Audacious EstimatesLas Vegas-based Golden operates 10 casinos. black lotus casino com 100 Bellagio Casino Las Vegas Buffet Qujs One is the Rocky Gap in Maryland. The other nine are in Southern Nevada, including the Strat. harrah s casino french quarter Casino Poconos Awqm The bulk of the company’s other venues are largely dependent on the Las Vegas locals (LVL) segment, one that’s showing signs of life against the challenging coronavirus backdrop. ruby slots bonus codes july 2020 In coverage of some Golden rivals, analysts are highlighting strength in this demographic, noting it’s impressive considering things are still sluggish on the Strip. wild casino rollover requirement The operator has some other benefits to offer investors, including owning more than 60 PT’s Taverns across Southernriver spirit casino oklahoma city Nevada and its route business. harrah s casino age limit This includes slot machines found in non-gaming venues, such as bars, grocery stores, restaurants, and more.

“Approximately 80 percent of GDEN revenue is generated from ‘next door’ gaming taverns anchored by mid-to-upscale millennials, slot routes, and local casino play,” said Bain. black oak casino valentine s day “Adding to its Strip revenue from local play, revenue generation from locals would be ~85 percent of the total. ”Confirming that the stock is perhaps grossly undervalued, the Roth Capital analyst estimates the value of Golden’s Las Vegas real estate at . cashman casino apk mod 2 billion, more than triple the company’s market capitalization of 6. 25 million. poker casino toronto Sports Betting Cards to PlayGolden Entertainment is rarely mentioned in the sports betting conversation. hollywood casino online slots real money But Bain lays out a case as to why that should change. Assuming Caesars Entertainment is successful in acquiring William Hill, the British bookmaker is obligated to pay Golden million upon closing of that