Hard Rock Casino T  flies to Los Angeles, and by car, takes more than an hour. Mgm Grand Casino Age Limit Foqt 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. seneca niagara casino employee handbook “And how will that help traffic exactly? The traffic to and from Apple Valley where this ends will be the same as now,” commented another. nearest casino slots In Brightline’s defense, future extensions were planned from Victorville to Rancho Cucamonga in San Bernardino County, and to Los Angeles’ Union Station. 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.

“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. free casino slots no download bonus rounds desert diamond casino online games Brightline spokesperson Ben Porritt explained, “We will continue to move the project forward. ” Golden Entertainment, Inc. pechanga casino rooms foxwoods resort casino website (NASDAQ:GDEN) stock could be the next big thing among gaming equities. One analyst says the Strat operator is likely to report a significant earnings beat when it delivers quarterly results on Thursday. angel of the winds casino arena 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. restaurants in the bellagio casino (Image: Twitter)In a note to clients today, Roth Capital analyst 8 ball pool online gamblingDavid Bain rates Golden a “buy,” with a price target. He implied it could more than double from the Oct. hollywood casino grantville Ruby Slots No Deposit Bonus Codes July 2020 Riwj 30 close. Doubledown Casino Hack Qfin 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. chumba casino sign up bonus 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. Cache Creek Casino Weddings Iapg 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.

He notes his third- and fourth-quarter EBITDA forecasts are 77 percent and 35 percent above Wall Street consensus. fanduel casino blackjack Something to the Audacious EstimatesLas Vegas-based Golden operates 10 casinos. sycuan casino poker One is the Rocky Gap in Maryland. The other nine are in Southern Nevada, including the Strat. firekeepers casino and resort casino in las vegas 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. 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. The operator has some other benefits to offer investors, including owning more than 60 PT’s Taverns across Southern8 ball pool online gambling Nevada and its route business. pechanga casino 18 and over 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. “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 . 2 billion, more than triple the company’s market capitalization of 6. 25 million. Sports Betting Cards to PlayGolden Entertainment is rarely mentioned in the sports betting conversation. But Bain lays out a case as to why that should change. table games casino jobs Assuming Caesars Entertainment is successful in acquiring William Hill, the British bookmaker is obligated to pay Golden million upon closing of that