2025.12.18
clearwater river casino concerts 2021Caesars Entertainment (NASDAQ:CZR) delivered its first earnings update as the largest US gaming company Thursday after the close of US markets.(Image: Travel Channel)The “new Caesars” — the combination of the old version of that company and its acquirer, Eldorado Resorts — joins a growing list of gaming companies reporting dismal second-quarter results because of the coronavirus pandemic.Caesars is entitled to 50 percent of earnings before interest, taxes, depreciation and amortization (EBITDA) under that agreement, according to Beynon.casino near me vermontWe believe investors misunderstand CZR’s value regarding iGaming and sports betting,” said Macquarie analyst Chad Beynon in a note to clients today.Some analysts see things differently.doubledown casino number casino free slots turbo sharkhow old do you have to be to get into downstream casinoThe lobby at Caesars Palace Las Vegas.Caesars is entitled to 50 percent of earnings before interest, taxes, depreciation and amortization (EBITDA) under that agreement, according to Beynon.The CEO pointed out some of that softness is being offset by gains from unrated players.free elvis slot machinesThe combined company’s properties were closed for all of April, with some regional venues coming back online in May.ster district of the capital city this past week.As expected, the June quarter numbers were dreadful because of the coronavirus shutdown, prompting analysts to focus more on management commentary.foxwoods resort casino telephone number peppermill casino directionswinstar world casino resortSince the middle of that month, 51 Caesars venues reopened.However, Reeg noted there’s been weakness among gamblers 55-years-old and up because older demographics are more susceptible to contracting the coronavirus.But the stock rose modestly in Thursday’s after-hours session, extending a 6.Wieczynski, the Stifel analyst, said its possible management exceeds the 0 million cost-cut target and that it’s encouraging or more in per share FCF is in play.Beynon, the Macmountaineer casino and racetrack west virginiaquarie analyst, said he’s confident management can drive 0 million in cost savings, and that there are deleveraging opportunities in the form of selling a Strip venue, as well as three gaming properties in Indiana.The post-earnings chatter on the name is broadly positive, with price forecasts well in excess of current levels.harrah s casino washington dc riverwind casino employees |