palace station casino slots(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.But, he adds, his bullish thesis on the name hasn’t changed, and that it could be a 0 stock in the future.Along with conventions, Las Vegas’ A-list entertainment options are also likely dark for some time.free slots lobstermania 3In 2020, CES hogged up the Strip, as it does every January.Shares of Caesars Entertainment (NASDAQ:CZR) are off about 25 percent since the acquisition creating the gaming Goliath was finalized earlier this month.In his most recent note, he places a “buy” rating on the new Caesars, withcasino 999

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lucky creek casino emailPreviously, Wieczynski was enthusiastic on Eldorado Resorts, the company that bought Caesars and took that name.Gaming KeyFew cities rely more on conventions than Las Vegas.45 — a more than 18 percent premium on the year average.black hawk casino restaurantsThat’s why SunTrust Robinson gaming analyst Barry Jonas opined recently that Las Vegas must get back to what made it famous in the first place: gambling.And it isn’t only the Strip that benefits from the higher January kickoff.That money will be lost in 2021.borgata casino free play

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riverwind casino employeesThat money will be lost in 2021.” CES plans to return to Las Vegas for 2022.But the coronavirus is expected to delay their return to Southern Nevada for the foreseeable future.According to the Las Vegas Convention and Visitors Authority (LVCVA), the average nightly rate for a Strip casino room in 2019 went for 3.But one analyst views the weakness as an opportunity for long-term investors to get involved with the name.He previously said Eldorado could become a 0 stock, through the path to triple-digit territory would not be linear.seven feathers casino oregon map