chukchansi casino mapThen the coronavirus pandemic struck, sending gaming equities tumbling.Shares of Eldorado Resorts (NASDAQ:ERI) are higher by more than 10 percent in midday trading Monday, a move supported in part by an analyst saying the stock has the potential to become a triple-digit name in the future.ERI’s peak-to-trough decline was one of the more breathtaking in the industry, as the stock went in a matter of weeks from the aforementioned flirtation to a struggle to stay above .river spirit casino live music“You know, the ones who made Cirque the entertainment juggernaut it had become.The company laid off approximately 95 percent of its 4,700 staff and performers, including 1,300 workers in Las Vegas.“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.casino news

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downstream casino quapawAnd Cirque shows appeal to a wide range of visitors.Cirque’s financial stability began cracking after Laliberte sold the company in 2015 for .“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.jackson rancheria casino resort lobster buffetve environment in international insolvencies.Our long-term bullish thesis around the ERI story has not changed at all,” said the analyst.But he sees plenty of tailwinds coming from the operator’s takeover of rival Caesars Entertainment (NASDAQ:CZR).big dollar casino no deposit bonus codes 2021

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3 casino road sunnyside beach(Image: AP News)In a note to clients earlier today, Stifel analyst Steven Wieczynski reiterated a “buy” rating on the regional gaming company, while boosting his price forecast to from .“You know, the ones who made Cirque the entertainment juggernaut it had become.”By bringing Caesars into the fold, Eldorado is significantly expanding its internet casinos and sports wagering footprints.It wasn’t all due to the coronavirus.”By bringing Caesars into the fold, Eldorado is significantly expanding its internet casinos and sports wagering footprints.“The new owners reportedly pivoted Cirque toward being an analytics-driven culture, which is pretty much the best way to suck the souls from creative people,” Scott Roeben of Vital Vegas reported earlier this year.morongo casino venue