2025.12.14
boomtown casino fort mcmurray entertainmentHe reiterated a “buy” rating on Caesars stock, with a price target, while Beynon reissued an “outperform” call with a forecast.Focusing on CashSomething investors will be clamoring for going forward is Caesars rejuvenating free cash flow (FCF) while reducing a debt burden that stood at .(Image: Travel Channel)The “new Caesars” — the combination of the old version of that company and its acquirer, Eldorado Resorts — joins a growing list of gaming companies reporting dismal second-quarter results because of the coronavirus pandemic.online casino no deposit bonus michiganOn yesterday’s conference call, Reeg said it’s still in the plans to sell a Strip asset, though that timeline could be extended to 18 months from the original forecast of a year after closing the takeover.He reiterated a “buy” rating on Caesars stock, with a price target, while Beynon reissued an “outperform” call with a forecast.The LV assets’ performance is exceeding our expectations, with every reopened property generating positive EBITDA and solid hotel occupancy,” said Stifel analyst Steven Wieczynski, long a noted Caesars bull.is winstar world casino open scatter slots free casino games vegas slotsmy choice ameristar casino3 billion takeover.However, he said Reeg and team delivered a compelling case for the strength of the Strip portfolio.He reiterated a “buy” rating on Caesars stock, with a price target, while Beynon reissued an “outperform” call with a forecast.chinook winds casino numberHowever, he said Reeg and team delivered a compelling case for the strength of the Strip portfolio.The CEO pointed out some of that softness is being offset by gains from unrated players.Meeting Las Vegas ChallengesThe new Caesars has an extensive portfolio of regional casinos, providing some buffer against the current headwinds operators are facing in Las Vegas.firekeepers casino event seating chart wild horse pab casino pendletonlive casino bettingOn yesterday’s conference call, Reeg said it’s still in the plans to sell a Strip asset, though that timeline could be extended to 18 months from the original forecast of a year after closing the takeover.On the call, Reeg created some buzz in discussing the new Caesars broad online casino and sports wagering business, noting that a decision on that segment could be revealed before the end of 2020, while saying it could generate 0 million to 0 million in revenue next year.Since the middle of that month, 51 Caesars venues reopened.Wieczynski, the Stifel analyst, said its possible management exceeds the 0 million cost-cut target and that it’s encouraging or more in per share FCF is in play.New Caesars reported a Q2 loss, but there was interesting sports betting news.On yesterday’s conference call, Reeg said it’s still in the plans to sell a Strip asset, though that timeline could be extended to 18 months from the original forecast of a year after closing the takeover.santa ana star casino events center ruby heap slots |