2025.09.14
miami club casino mobileLast November, the company paid 5 million for Bet.Still 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.In a note to clients today, Andress reiterates an “overweight” rating on Bally’s, with a price target.cashman casino facebookCount KeyBanc Capital Markets analyst Brett Andress is among those on the sell side forecasting upside for Bally’s stock, even against the backdrop of the recent slump.Bally’s Corp.Works, a provider of sports betting platforms.blackjack casino poker blackjack online freemountaineer casino hoursThe Loft replaces several hotel rooms on the 44th floor that were one-bedroom suites.Bally’s Atlantic City.Wall Street is broadly supportive of the buying spree.konami free casino slots6 percent from the April 16 close and comes as the shares reside almost 22 percent below the 52-week high.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.(Image: Bloomberg)Some analysts believe this the pullback late-arriving investors have been waiting for in the previously high-flying name.the chinook winds casino boomtown casino biloxi sportsbookkansas star casino general managerCount KeyBanc Capital Markets analyst Brett Andress is among those on the sell side forecasting upside for Bally’s stock, even against the backdrop of the recent slump.Declines of 20 percent or more from recent highs signal bear markets.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.(Image: Las Vegas Review-Journal)While year-to-date returns for operators such as Boyd Gaming (NYSE:BYD), Caesars Entertainment (NASDAQ:CZR), Churchill Downs (NASDAQ:CHDN), Penn Nationillion RehabOcean revealed earlier this month that Ilitch Holdings, the parent company of the Little Caesars pizza franchise, has entered into an agreement with the present owners of the resort to acquire a 50 percent stake.Last week, Bally’s forecast first-quarter revenue that topped Wall Street estimates.free online poker no download no registration coushatta casino kinder |