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”The train saga continues, however. Brightline spokesperson Ben Porritt explained, “We will continue to move the project forward. 8 clans seneca niagara casino ” Golden Entertainment, Inc. Palace Station Casino In Las Vegas Jwrv (NASDAQ:GDEN) stock could be the next big thing among gaming equities. One analyst says the Strat operator is likely to report a significant earnings beat when it delivers quarterly results on Thursday. Construction on the Strat Las Vegas in 2019, seen here. An analyst is bullish on Golden Entertainment, owner of the property. hard rock casino hollywood restaurants (Image: Twitter)In a note to clients today, Roth Capital analyst play free slot machines onlineDavid Bain rates Golden a “buy,” with a price target. He implied it could more than double from the Oct. 30 close. miami club casino free 20 bonus codes

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With the assistance of the analyst’s bull call, shares of the gaming company are higher by more than six percent in midday trading. kansas star casino wichita ks For investors willing to wait a while, upside could exceed that forecast. Casino Rama Roulette Table Limits Blup In line with 2022 enterprise value/earnings before interest, taxes, depreciation and amortization (EBITDA) and 2021 free cash flow yield peer averages infer shares would trade for /, respectively,” writes Bain. Vital to Golden’s near-term outlook, Bain says the operator is already hitting pre-pandemic levels of EBITDA generation, which is a rarity in the gaming industry these days. He notes his third- and fourth-quarter EBITDA forecasts are 77 percent and 35 percent above Wall Street consensus. Something to the Audacious EstimatesLas Vegas-based Golden operates 10 casinos. One is the Rocky Gap in Maryland. The other nine are in Southern Nevada, including the Strat. casino oxford english dictionary mohegan sun casino phone number The bulk of the company’s other venues are largely dependent on the Las Vegas locals (LVL) segment, one that’s showing signs of life against the challenging coronavirus backdrop. river spirit casino location turtle lake casino slot machines In coverage of some Golden rivals, analysts are highlighting strength in this demographic, noting it’s impressive considering things are still sluggish on the Strip.

The operator has some other benefits to offer investors, including owning more than 60 PT’s Taverns across Southernplay free slot machines online Nevada and its route business. mgm casino vaccine This includes slot machines found in non-gaming venues, such as bars, grocery stores, restaurants, and more. “Approximately 80 percent of GDEN revenue is generated from ‘next door’ gaming taverns anchored by mid-to-upscale millennials, slot routes, and local casino play,” said Bain. “Adding to its Strip revenue from local play, revenue generation from locals would be ~85 percent of the total. ”Confirming that the stock is perhaps grossly undervalued, the Roth Capital analyst estimates the value of Golden’s Las Vegas real estate at . 2 billion, more than triple the company’s market capitalization of 6. las vegas wynn casino sports book 25 million. Sports Betting Cards to PlayGolden Entertainment is rarely mentioned in the sports betting conversation. But Bain lays out a case as to why that should change. Mohegan Sun Casino Discounts Nnay Assuming Caesars Entertainment is successful in acquiring William Hill, the British bookmaker is obligated to pay Golden million upon closing of that big fish casino lawsuit update