2025.12.15
the latest brian christopher slotsNew Caesars reported a Q2 loss, but there was interesting sports betting news.(Image: Richard Brian/AP)Some members of the sell-side community liked what Caesars CEO Tom Reeg and other executives had to say on yesterday’s conference call.(Image: Richard Brian/AP)Some members of the sell-side community liked what Caesars CEO Tom Reeg and other executives had to say on yesterday’s conference call.casino hotel new jerseyCaesars Entertainment (NASDAQ:CZR) delivered its first earnings update as the largest US gaming company Thursday after the close of US markets.7 billion at the end of June.However, Reeg noted there’s been weakness among gamblers 55-years-old and up because older demographics are more susceptible to contracting the coronavirus.viejas casino hotel phone number casino near me crapscasino far rockawayBullish commentary on regional casinos is on par with what Eldorado and the old Caesars said following reopenings and in the weeks leading up to finalization of the .He reiterated a “buy” rating on Caesars stock, with a price target, while Beynon reissued an “outperform” call with a forecast.On yesterday’s conference call, Reeg said it’s still in the plans to sell a Strip asset, though that timeline could be extended to 18 months from the original forecast of a year after closing the takeover.peppermill casino airport shuttlester 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.Caesars is entitled to 50 percent of earnings before interest, taxes, depreciation and amortization (EBITDA) under that agreement, according to Beynon.caesars casino promotions casino 1995boulder station casino wikiAs expected, the June quarter numbers were dreadful because of the coronavirus shutdown, prompting analysts to focus more on management commentary.5 million, down from net income of .The CEO pointed out some of that softness is being offset by gains from unrated players.Beynon, the Macfree online slots to playquarie 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.He reiterated a “buy” rating on Caesars stock, with a price target, while Beynon reissued an “outperform” call with a forecast.black bear casino resort four winds casino eb |