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the encore casinoAs news of its bankruptcy filing hit today, Cirque had several shows on the Strip waiting to resume performances once given the all-clear from state officials.“While there might not be a linear path to triple-digit land, given there could be some rocky trading patterns in the near-term until the COVID-19 noise/overhang dissipates, we have even more conviction in management’s CZR synergy opportunity, as well as the free cash flow (FCF) potential of the combined entity,” said the analyst.Then the coronavirus pandemic struck, sending gaming equities tumbling.foxwoods online blackjack“You know, the ones who made Cirque the entertainment juggernaut it had become.Nevada Gov.Nevada Gov.cache creek casino ca

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winstar world casino and resort dallasFinancial DemiseCirque du Soleil is a Montreal-based private company that traces its origins back to 1984 when street performers Guy Laliberte and Gilles Ste-Croix formed a troupe of some 20 performers.However, with zero revenues since the forced closure of all of our shows due to COVID-19, management had to act decisively to protect the Company’s future,” said Daniel Lamarre, president and CEO of Cirque du Soleil Entertainment Group.Cirque’s financial stability began cracking after Laliberte sold the company in 2015 for .vegas 7 online casino(Image: AP News)In a note to clients earlier today, Stifel analyst Steven Wieczynski reiterated a “buy” rating on the regional gaming company, while boosting his price forecast to from .Cirque’s financial stability began cracking after Laliberte sold the company in 2015 for .“While there might not be a linear path to triple-digit land, given there could be some rocky trading patterns in the near-term until the COVID-19 noise/overhang dissipates, we have even more conviction in management’s CZR synergy opportunity, as well as the free cash flow (FCF) potential of the combined entity,” said the analyst.wynn casino las vegas nevada

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fanduel casino miConviction Aplenty Wieczynski acknowledges that Eldorado’s path to the 0 club probably won’t be smooth.From current levels, ERI would need to jump about 150 percis desert diamond casino in glendale openent to get to 0.ve environment in international insolvencies.ERI’s peak-to-trough decline was one of the more breathtaking in the industry, as the stock went in a matter of weeks from the aforementioned flirtation to a struggle to stay above .Conviction Aplenty Wieczynski acknowledges that Eldorado’s path to the 0 club probably won’t be smooth.”The Monday rebound for ERI stock comes after the name bled almost 14 percent last week, as gaming equities were pummeled by a resurgence in coronavirus cases.buy casino roulette table

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