casino kushCasinos Lose BigSince 1979 — when the first CES was held in Las Vegas — casino resorts have enjoyed starting each new year with an influx of consumer electronics professionals.(Image: Yahoo News)In a new note to clients, Stifel analyst Steven Wieczynski said there are some overhangs that could weigh on the stock over the near-term.According to the Las Vegas Convention and Visitors Authority (LVCVA), the average nightly rate for a Strip casino room in 2019 went for 3.roulette casino near meIn his most recent note, he places a “buy” rating on the new Caesars, withNo month came even close to January, when the average daily room rate sold for 9.But, he adds, his bullish thesis on the name hasn’t changed, and that it could be a 0 stock in the future.gold coast casino weddings

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is running aces casino openThat’s why SunTrust Robinson gaming analyst Barry Jonas opined recently that Las Vegas must get back to what made it famous in the first place: gambling.But one analyst views the weakness as an opportunity for long-term investors to get involved with the name.January led the way in terms of convention attendance last year, with 683,400 business people arriving.black bear casino seven fires restaurantWhile we fully expect shares cohard rock casino lake tahoe arcadeuld remain pressured in the near-term until we get more clarity around the virus situation and its ultimate impact on gaming trends (especially Las Vegas), we believe this name is set up well for the long-term, given management’s ability to create significant shareholder value,” Wieczynski said.But the coronavirus is expected to delay their return to Southern Nevada for the foreseeable future.Las Vegas heavily relies on conventions, its monthly average in 2019 totaling some 554,000 people for meetings.hallmark casino affiliate

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