2025.12.16
hollywood casino jobs(Image: 8NewsNow.com)The divestment marks the end of an era for MGM’s association with the property, which Steve Wynn opened in 1989.Caesars stock is up 49 percent year-to-date.free slots double diamond2 billion in equity.Caesars is the only gaming equity on the CNBC list of potential taper winners.Separately, the company said earlier this week it could have as much as billion in cash to deploy next year.sycuan casino 4th of july fireworks las atlantis casino trustpilotfirekeepers casino 400 predictions 2021It’s also an emerging player in the fast-growing iGaming and sports betting segments.Sports wagering wasn’t legal outside of Nevada during the prior tapering scenario.CNBC ran a screen for stocks that held up during with the 2013 taper tantrum, with the qualifiers of 20 percent upside to current price targets and at least 70 percent of analysts covering the stock rating it a “buy.soaring eagle casino outdoor concert rules” Caesars was one of 11 that made the list.That’s far less than whatThe Bellagio, Treasure Island, a 50 percent stake in the Monte Carlo, and other Nevada gaming venues – as well as casinos in Australia, Detroit, and Mississippi – were included in that deal.casino slot you tube hollywood casino tunica mshow to win casino roulette wheelMirage’s real estate is owned by MGM Growth Properties (NYSE:MGP), the gaming real estate investment trust (REIT) spun-off by MGM in 2016.That sector was one of the top three performers during the 2013 taper tantrum.News of MGM’s plan to sell the Mirage comes a day after rival Caesars Entertainment (NASDAQ:CZR) said it’s eyeing divestment of one of its Strip assets in early 2022.”Tapering History for Caesars StockOne factor in favor of Caesars against a tapering backdrop is that it’s classified as a consumer discretionary name.But tapering is different, because the aforementioned 2013 scenario is the only prior example.An analyst says the deal could fetch up to 0 million.aliante casino theatre palace station casino hosts |