2025.10.08
casino grade poker tableSoon-to-be Caesars Palace operator Eldorado Resorts could be a 0 stock in the future, says an analyst.(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 .The company expanded rapidly during the 1990s and 2000s and made its way to the Las Vegas Strip in 1992 with Nouvelle Experience at The Mirage.free online poker no bettingThen the coronavirus pandemic struck, sending gaming equities tumbling.From current levels, ERI would need to jump about 150 percviejas casino military discountent to get to 0.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 .harrah s cherokee casino photos jackson rancheria casino poker roomintertops casino legitimateOur long-term bullish thesis around the ERI story has not changed at all,” said the analyst.However, with zero revenues since the forced closure of all of our shows due to COVID-19, management had to act decisively to protect the Company’s future,” said Daniel Lamarre, president and CEO of Cirque du Soleil Entertainment Group.However, with zero revenues since the forced closure of all of our shows due to COVID-19, management had to act decisively to protect the Company’s future,” said Daniel Lamarre, president and CEO of Cirque du Soleil Entertainment Group.viejas casino indeed“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.But he sees plenty of tailwinds coming from the operator’s takeover of rival Caesars Entertainment (NASDAQ:CZR).Present shows that are now in jeopardy of being canceled include “Michael Jackson: One” at Mandalay Bay, “The Beatles Love” at The Mirage, “Ka” at MGM Grand, “Zumanity” at New York-New York, “O” at Bellagio, and “Mystere” at TI.lucky creek casino no deposit bonus codes august 2021 free slots 2xgolden palace casino las vegasNevada Gov.As news of its bankruptcy filing hit today, Cirque had several shows on the Strip waiting to resume performances once given the all-clear from state officials.The new projection implies an upside of more than 50 percent from where the name trades at this writinviejas casino military discountg.Betting on ManagementA common refrain on Wall Street is that a bet on the combined ERI/Caesars is a wager on the former’s management team, which has a documented ”All 44 of Cirque’s global shows were shut down in March.But it’s not an impossible move, as Wieczynski says, “We would note we still believe we are being conservative around some of our core margin and sports betting/iGaming assumptions.poker palace casino las vegas fanduel fairmount casino |