black oak casino weather“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.Any deleveraging event that CZR can participate in will only drive the equity value higher, given leverage is one of the biggest overhangs on this story,” he writes.Catalysts Can Outlast COVID-19As the second-largest operator on the Las Vegas Strip, Caesars stock is long regarded as a play on vaccine distribution and an economic rebound in the largest domestic gaming hub.firekeepers casino bonus codes(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 .As the vaccine continues to be administered, Maddox is optimistic that the gaming industry — both in Massachusetts and nationwide — will quickly return.Adding up the aforementioned points creates a potentially lucrative deleveraging missive, according to Wieczynski.lucky creek casino promotions

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hard rock casino lake tahoe covidWieczynski says Caesars can top the 0 million in cost efficiencies promised through last year’s merger with Eldorado Resorts, and that the operator could generate as much as .Trump Plaza in Atlantic City is scheduled for demolition on February 17.“There’s real consumer pent-up demand,” Maddox declared.free slots kenoThe casinos can resume gaming around the clock, but they continue to be limited to 25 percent of their fire code capacity.Atlantic City officials are celebrating with an implosion viewing party.Much of that debt is junk-rated, meaning higher interest expense.casino 888 promo code

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admiral casino email addrebIt could take some time, but trimming that burden is possible.“There’s real consumer pent-up demand,” Maddox declared.“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.Add that into the sports betting thesis, and there’s room for more upside in the stock.He notes that as more of them get vaccinated, pent-up demand will be unleashed as soon as this year.Any deleveraging event that CZR can participate in will only drive the equity value higher, given leverage is one of the biggest overhangs on this story,” he writes.fanduel casino live chat