2025.12.15
free cashman slots gameJPMorgan says the Flamingo operator is experiencing strong leisure demand in Las Vegas and at its expansive portfolio of regional casinos.org.Additionally, the operator has a compelling clientele mix.free slot machine games 50 lionsNow the nation’s largest leisure travel agency has taken notice.(Image: Getty Images)Each of those names is tethered to the ongoing recovery in Las Vegas, which could be threatened by the delta variant of the coronavirus.Still, JPMorgan is bullish on the aforementioned trio.golden nugget casino online pa downstream casino galena kansasgolden nugget casino sign up(Image: Getty Images)Each of those names is tethered to the ongoing recovery in Las Vegas, which could be threatened by the delta variant of the coronavirus.6 million from gamblers last month, a nearly six percent gain in July 2019.Caesars has “an emerging online sports betting and iCasino opportunity, of which CZR owns 100% (brand, tech, first skin) and should be able to grow via its sizable database and national footprint,” said the bank.tachi palace hotel and casino in californiaThe bank also highlighted Caesars’ plans to sell some assets to reduce debt and its online casinos and sports bettslot casino vegasing business, which it now controls 100 percent of the economics of by way of the recently completed William Hill acquisition.But the bank acknowledges investor sentiment could ebb and flow with case count and vaccination headlines.Other catalysts for Caesars include “incremental entertainment, banquet/food and beverage revenues ramping up” and the possibility of steadiness in the operator’s convention and meetings business.santa ana casino concerts winstar world casino pet policysam s town casino las vegas weddingsCaesars is the second-largest operator on the Strip, while Boyd is the dominant company in downtown Las Vegas.”With an influx of cash coming from the 0 million sale of the Palms announced in May, Red Rock has the resources to firm its balance and perhaps buyback shares.“Attractive footprint in localized/regional drive-to markets and LV Locals (which has recovered quickly and we think has legs) focused on the leisure gaming customer,” notes JPMorgan.Favorable position in the attractive LV locals market with RRR converting a high percentage of earning before interest, taxes, depreciation and amortization (EBITDA) to free cash flow (60-70 percent in 2022E-2025E),” said the bank.Stevens is the dominant player in downtown Las Vegas.Circa Las Vegas is seen from above, its iconic outdoor Stadium Swim, seen below.firekeepers casino reopen little river casino and resort phone number |