boomtown casino westbank louisianaToday we are announcing that, after careful consideration, we have made the decision to sell the operations of The Mirage to another operator, a move that we believe is best for the long-term success of both the property and MGM Resorts,” said Hornbuckle in a letter to Mirage staffers.Caesars stock is up 49 percent year-to-date.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.bellagio casino markerThe operator is the second-largest on the Las Vegas Strip, and has a deep portfolio of regional assets, both of which are setting quarterly records.”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.island resort and casino dining

encore casino directions

blackjack casino darpaToday we are announcing that, after careful consideration, we have made the decision to sell the operations of The Mirage to another operator, a move that we believe is best for the long-term success of both the property and MGM Resorts,” said Hornbuckle in a letter to Mirage staffers.lissold said in a recent report.” The Flamingo operator is one of Wall Street’s favorite gaming equities, a status accrued by management’s reputation for managing margins and generating free cash flow, among other factors.choctaw casino numberCaesars Different TodayMarket participants frequently acknowledge historical precedent and trends.That sector was one of the top three performers during the 2013 taper tantrum.com)The divestment marks the end of an era for MGM’s association with the property, which Steve Wynn opened in 1989.chinook winds casino map

mgm casino poker room

winward casino 65 no deposit bonusBut tapering is different, because the aforementioned 2013 scenario is the only prior example.VICI Properties is in the process of acquiring MGP for .Specific to Caesars, the gaming company looks far different today than it did in 2013.It’s now the largest domestic casino operator by number of venues, following the 2020 takeover by Eldorado Resorts that created “new Caesars.” The Flamingo operator is one of Wall Street’s favorite gaming equities, a status accrued by management’s reputation for managing margins and generating free cash flow, among other factors.In late 2019, MGM sold the property assets of Bellagio to Blackstone, and Circus Circus to Treasure Island owner Bruce Ruffin.turtle creek casino age