harrah s casino appThen the coronavirus pandemic struck, sending gaming equities tumbling.“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.”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.gold coast casino gymBut he sees plenty of tailwinds coming from the operator’s takeover of rival Caesars Entertainment (NASDAQ:CZR).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.But it’s not an impossible move, as Wieczynski says, “We would note we still believe we are being conservative around some of our core margin and sports betting/iGaming assumptions.4 deck blackjack

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