mountaineer casino loginAs the vaccine continues to be administered, Maddox is optimistic that the gaming industry — both in Massachusetts and nationwide — will quickly return.(Image: Barron’s)In a note to clients today, Stifel analyst Steven Wieczynski reiterates a “buy” rating on Caesars stock, while lifting his price target on the name to 5 from .Citing an array of catalysts, one analyst says there’s more upside where that came from for the Harrah’s operator.ip casino phone numberAtlantic City officials are celebrating with an implosion viewing party.Steve Sisolak (Dcaptain jack casino home) extended for 30 days the policy that casinos, bars, and restaurants must cap capacity at 25 percent to stem the spread of the coronavirus.“Every catalyst we pointed out should help drive leverage lower.big fish casino forum

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n gage win casino no deposit bonusNeither the billionaire nor his family have been involved in the gaming industry for many years.None of the three casinos have hit that threshold in recent months and been forced to turn away gamblers.“Once the deal closes, we would expect management to start laying out more details behind a possible sports betting/iGaming spinout, or what the earnings power of the 100% controlled entity could look like.slot casino typesEarlier this month, Nevada Gov.“Every catalyst we pointed out should help drive leverage lower.”The analyst says another potential spark for Caesars is the 55 and up age demographic.boulder station casino buffet prices

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admiral casino warringtonAs the vaccine continues to be administered, Maddox is optimistic that the gaming industry — both in Massachusetts and nationwide — will quickly return.“We believe there are eight to 12 states that could go down the path of legalizing sports betting this year which should continue to support long-term total addressable market (TAM) estimates (no mcaptain jack casino homeatter how crazy they are),” said Wieczynski.The pace of that recovery remains sluggish, but there’s more to the story than just Sin City assets.Other Levers to PullThe Stifel analyst points out that Caesars remains intent on divesting a Strip property, and that process could accelerate as coronavirus vaccines are distributed on a broader scale.Much of that debt is junk-rated, meaning higher interest expense.“We believe there are eight to 12 states that could go down the path of legalizing sports betting this year which should continue to support long-term total addressable market (TAM) estimates (no mcaptain jack casino homeatter how crazy they are),” said Wieczynski.kansas star casino crab legs