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riverwind casino general managerJPMorgan says the Flamingo operator is experiencing strong leisure demand in Las Vegas and at its expansive portfolio of regional casinos.“Sustainable top-line growth underpinned by population growth and appealing supply/demand dynamics.Circa Las Vegas has created buzz downtown since opening amid the pandemic last October.desert diamond casino fireworks 2021Along with Circa, his company’s portfolio includes D Las Vegas, Golden Gate Hotel & Casino, and Downtown Las Vegas EventsBut that segment could be challenged if the pandemic takes a dramatic turn for the worse.55 percent year-to-date, Caesars is one of Wall Street’s favorite gaming equities, a status that’s the result of the company’s delevering efforts and its swift iGaming and sports betting expansion.no deposit bonus casino slots four winds casino video pokersam s town slot machinesCirca Las Vegas is seen from above, its iconic outdoor Stadium Swim, seen below.The examiners liked what they found.Caesars has “an emerging online sports betting and iCasino opportunity, of which CZR owns 100% (brand, tech, first skin) and should be able to grow via its sizable database and national footprint,” said the bank.online slots game win real moneyorg.55 percent year-to-date, Caesars is one of Wall Street’s favorite gaming equities, a status that’s the result of the company’s delevering efforts and its swift iGaming and sports betting expansion.Circa, developed and owned by downtown Las Vegas visionary Derek Stevens, has announced that the property has received the distinguished AAA Four Diamond Award.free slots bonus land brian christopher slots face maskseneca niagara casino mma fightBoth Boyd and Red Rock generate significant portions slot casino vegasof earnings and revenue from Las Vegas locals (LVLs) — a demographic consisting largely of retirees and staffers from other casinos.Other catalysts for Caesars include “incremental entertainment, banquet/food and beverage revenues ramping up” and the possibility of steadiness in the operator’s convention and meetings business.“Attractive footprint in localized/regional drive-to markets and LV Locals (which has recovered quickly and we think has legs) focused on the leisure gaming customer,” notes JPMorgan.Circa Las Vegas is seen from above, its iconic outdoor Stadium Swim, seen below.Favorable position in the attractive LV locals market with RRR converting a high percentage of earning before interest, taxes, depreciation and amortization (EBITDA) to free cash flow (60-70 percent in 2022E-2025E),” said the bank.August looks promising, as an estimated 38,000 people descended on Atlantic City this past week for a three-day outdoor Phish concert.free casino slots no download required ruby slots login online |