mohegan sun casino ageAlready on a torrid pace, Golden Entertainment (NASDAQ:GDEN) stock offers significant appreciation potential.That’s as the Las Vegas locals (LVLs) segment springs back to life and as more Californians flock to Nevada, among other factors, notes a sell-side analyst.Golden Stock Loving Las Vegas LocalsAs is the case with many smaller gaming operators, Golden Entertainment is heavily dependent on local traffic.golden nugget casino in biloxi mibibippiGolden Stock Loving Las Vegas LocalsAs is the case with many smaller gaming operators, Golden Entertainment is heavily dependent on local traffic.Macquarie’s Beynon notes the operator’s market share in that part of the city is currently 10 percent, compared to a pre-pandemic clip of 25 percent.In the first quarter, LVLs and Boyd’s downtown venues combined for 35 percent of earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR).four winds casino lodging

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roulette wheel online casino(Image: Fox5 Las Vegas)That could be a sign the Orleans operator will deliver another round of impressive data for the current quarter, and some analysts are forecasting more upside for Boyd stock.April results have carried over from March, and hotel reservations are at the highest levels in the last year.That implies upside of 11.chinook winds casino dance clubThe remainder derived from the operator’s casinos in the Midwest and the South.That’s as the Las Vegas locals (LVLs) segment springs back to life and as more Californians flock to Nevada, among other factors, notes a sell-side analyst.Sources of Strength for Boyd StockMounting signs that Las Vegas locals are getting coronavirus vaccines and eager to return to their favorite casinos, coupled with Boyd’s enviable perch in serving that demographic, is a catalyst for the shares.wild casino new player bonus

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turtle lake casino danbury wisconsinGolden Stock Loving Las Vegas LocalsAs is the case with many smaller gaming operators, Golden Entertainment is heavily dependent on local traffic.Bain notes the company generates 85 percent of its revenue from the LVL segment and is the dominant force“First-quarter margins expanded 1,200 basis points over 1Q19.Las Vegas-based Golden operates 10 casinos, nine of which are in Southern Nevada, and the other is the Rocky Gap in Maryland.That implies upside of 60 percent from the April 27 close.The stock is higher by 58 percent year-to-date.bcasino live chat