2025.12.17
island resort and casino applicationThe lobby at Caesars Palace Las Vegas.(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.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.twin river casino covid 19However, Reeg noted there’s been weakness among gamblers 55-years-old and up because older demographics are more susceptible to contracting the coronavirus.The CEO pointed out some of that softness is being offset by gains from unrated players.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.tachi palace casino gas price black hawk casino hotel dealsaliante casino banquet hallCaesars Palace Las Vegas, seen here, may be slow for a while, but analysts like the opportunity with the new Caesars stock.He reiterated a “buy” rating on Caesars stock, with a price target, while Beynon reissued an “outperform” call with a forecast.Caesars CEO Tom Reeg said the company ionline casino real money no deposit louisianas encouraged by operating trends, in a recent statement.free casino slots bier haus(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.The post-earnings chatter on the name is broadly positive, with price forecasts well in excess of current levels.Caesars CEO Tom Reeg said the company ionline casino real money no deposit louisianas encouraged by operating trends, in a recent statement.resorts world casino kartrite hollywood casino foodjamul casino tony gwynn7 billion at the end of June.We believe investors misunderstand CZR’s value regarding iGaming and sports betting,” said Macquarie analyst Chad Beynon in a note to clients today.Since the middle of that month, 51 Caesars venues reopened.The post-earnings chatter on the name is broadly positive, with price forecasts well in excess of current levels.7 billion at the end of June.casino luzern online poker bellagio casino las vegas water show |