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hard rock casino owner(Image: Twitter)Financial statistics released by the New Jersey Division of Gaming Enforcement (DGE) reveal that Ocean managed to turn in a nearly .9 million gross operating profit for 2020. But analysts and investors will certainly want some update on Caesars’ cost-cutting and margin expansion efforts following last year’s merger with Eldorado Resorts. “For each of these stocks, our analyst has high conviction in a view that diverges from the Street’s, and expects a near-term event to drive the stock as the market’s view moves closer to ours.”Last week, analyst Thomas Allen lifted both Caesars and rival MGM Resorts International (NYSE:MGM) — the two largest operators on the Strip — to “overweight” ratings, citing improving conditions in the US gaming hub. nearest casino in iowaBut analysts and investors will certainly want some update on Caesars’ cost-cutting and margin expansion efforts following last year’s merger with Eldorado Resorts. Some market observers take that as a sign the name is pricing in recovery on the Strip.  list of stocks highlighted by Morgan Stanley as offering stout near-term appreciation potential. little river casino resort manistee

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free slots real money no depositOver the past 30 days, three analysts upwardly revised first-quarter estimates on the Paris operator.Caesars stock, which recently joined the S&P 500, is higher by nearly 421 percent over the past 12 months. That compares with a loss of .25 on sales of 3.07 millioborgata casino hotel and spa oxien in the same period of 2020 — a time frame marked by the initial wave of coronavirus closures that slammed the gaming industry. As restrictions ease and we reopen additional areas of our business, I’m optimistic we’ll continue to see gaming growth throughout 2021,” she concluded.Ocean announced earlier tborgata casino hotel and spa oxiehis month that Ilitch Holdings, the parent organization of the Little Caesars pizza chain, which also owns the MotorCity Casino Hotel in Detroit, is acquiring a 50 percent stake in the Atlantic City property. island resort and casino breakfastThat could be a sign tourists are increasingly comfortable with travel and are anxious to return to Las Vegas.What Else to Listen ForIt remains to be seen what other issues management discusses on May 4. On the fourth-quarter earnings call, CEO Tom Reeg expressed plenty of optimism, noting that Strip bookings were trending to the upside, highlighting strength in January and February visitation trends.Underscoring Caesars’ status as a play on both government stimulus and rising coronavirus vaccination levels, many of the company’s first-quarter bookings were made at least a month in advance. But analysts and investors will certainly want some update on Caesars’ cost-cutting and margin expansion efforts following last year’s merger with Eldorado Resorts. roulette casino secrets

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boomtown casino fireworks 2021Morgan Stanley is bullish on operator Caesars. Along those lines, rumors recently surfaced on social media that the gaming company is raising cocktail prices at its Strip venues.Some update on the acquisition of sportsbook operator William Hill – a deal drawing some acrimony in the hedge fund community – is likely because that tranborgata casino hotel and spa oxiesaction is slated to close in the current quarter.That purchase is integral to Caesars’ efforts to cement its status as a force in the fast-growing iGaming and online sports wagering segments.As restrictions ease and we reopen additional areas of our business, I’m optimistic we’ll continue to see gaming growth throughout 2021,” she concluded.Ocean announced earlier tborgata casino hotel and spa oxiehis month that Ilitch Holdings, the parent organization of the Little Caesars pizza chain, which also owns the MotorCity Casino Hotel in Detroit, is acquiring a 50 percent stake in the Atlantic City property. Casinos Survive PandemicDespite being forced to close their resort operations from mid-March through early July, Atlantic City’s nine casinos managed to largely stay profitable, albeit in much smaller margins than in 2019.Seven of the nine brick-and-mortar casinos were in the black in 2 list of stocks highlighted by Morgan Stanley as offering stout near-term appreciation potential. “For each of these stocks, our analyst has high conviction in a view that diverges from the Street’s, and expects a near-term event to drive the stock as the market’s view moves closer to ours.”Last week, analyst Thomas Allen lifted both Caesars and rival MGM Resorts International (NYSE:MGM) — the two largest operators on the Strip — to “overweight” ratings, citing improving conditions in the US gaming hub. olg slots online real money