2025.11.02
wynn las vegas appIn a note to clients today, Andress reiterates an “overweight” rating on Bally’s, with a price target.Wall Street is broadly supportive of the buying spree.Time to Deliver the GoodsFor some time, Bally’s has been one of the most acquisitive companies in the gaming industry.foxwoods online store(NYSE:BALY) stock is joining other gaming names in what is now a protracted slump, as the casino operamorongo casino pow wowtor shed 4.9 million.(Image: Bloomberg)Some analysts believe this the pullback late-arriving investors have been waiting for in the previously high-flying name.clearwater casino lapwai id what does gold do in zynga pokerchumba casino how to cash outHe says the Bet.Bally’s executives noted momentum bmorongo casino pow wowuilt in March is carrying into this month, as older gamblers get coronavirus vaccines and display eagerness to return to local casinos.Shares of regional casino operators can rally following a challenging first quarter, according to Bank of America analysts.resorts casino reviewsStill Bullish on Bally’s StockAndress argues market participants may have focused too much on other goings-on last week, and that Bally’s may not be receiving adequate credit for its first-quarter forecast.Bank of America is bullish on regional casino operators.But that got lost in the shuffle amid a flurry of activity, including a 0 capital raise, wrapping up the Gamesys acquisition — its largest to date — and the purchase of the Tropicana Las Vegas.seminole casino west palm beach island resort and casino golf tournamentjohn taylor twin river casinoLooking ahead, we see a favorable risk/reward at current levels (land-based and Gamesys imply little credit to online sports betting/iGaming potential at current levels); however, with the majority of the puzzle pieces now in place, we believe investor focus is rightfully shifting to execution,” writes Andress.Looking ahead, we see a favorable risk/reward at current levels (land-based and Gamesys imply little credit to online sports betting/iGaming potential at current levels); however, with the majority of the puzzle pieces now in place, we believe investor focus is rightfully shifting to execution,” writes Andress.The KeyBanc analyst lifts his 2021 earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) estimate on Bally’s to 6 million, and his 2022 forecast to 3 million, citing the operator’s recent spate of dealmaking.The company’s purchases span land-based casinos to online gaming entities to technology companies – all in the name of vertical integration.The resort towers 53 stories high, the tallest structure in Atlantic City.The resort towers 53 stories high, the tallest structure in Atlantic City.the four winds casino in south bend indiana resorts casino hotel atlantic city rooms |