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mgm casino d.c(Image: Caesars Palace)Caesars reported fourth-quarter revenue of .5 billion, up 153 percent from the company’s 2019 Q4. Reeg explained that much of the firm’s 2020 bookings were for impulse trips. As a result of the better-than-expected report, Caesars shares on the Nasdaq were up more than eight percent in afternoon trading on Friday.Las Vegas ‘Flipped a Switch’Caesars Entertainment CEO Tom Reeg expressed plenty of optimism during the company’s investor call. river spirit casino reservationsAnd there have been plenty of recent rumblings around town regarding Caesars considering selling Planet Hollywood.Reeg says that while the company is looking to reduce its exposure in Las Vegas, nothing is currently being actively shopped.There are no assets for sale in Las Vegas in our portfolio,” Reeg explained.Reeg said that while Caesars is unlikely to sell a Strip casino this year, the odds are likely that a property will be unloaded in 2022.Gaming Industry BullsCaesars isn’t the only casino stock that has seen its shares blossom over the past few months. And more recently, GameCo’s founder and CEO Blaine Graboyes was denied a new gaming license in Nevada.Last week, the Nevada Gaming Commission said Graboyes’ past business dealings rendered him unsuitable to continue conducting business in the Nevada gaming industry.Slots Still KingTraditional slot machines continue to generate the lion’s share of gaming revenue for US casinos. The casino exec said hotel bookings in Las Vegas are at their highest levels since the Strip was allowed to reopen last June.It’s almost like a switch was flipped sometime in late Januahow to win real money online casino sgerry or early February. harrah s casino phone number

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harrah s cherokee casino north carolinaBut the companies’ machines are on only two Las Vegas Strip casino floors — MGM Grand and Park MGM.Gamblit cut its workforce in 2019. The casino exec said hotel bookings in Las Vegas are at their highest levels since the Strip was allowed to reopen last June.It’s almost like a switch was flipped sometime in late Januahow to win real money online casino sgerry or early February. (Image: Caesars Palace)Caesars reported fourth-quarter revenue of .5 billion, up 153 percent from the company’s 2019 Q4. casino 0307Shares have soared from in late October, to higher than this week — a 100 percent increase.Caesars Not a SellerSeveral properties on the Las Vegas Strip have exchanged hands over the past couple of years. Reeg explained that much of the firm’s 2020 bookings were for impulse trips. Reeg explained that much of the firm’s 2020 bookings were for impulse trips. blackjack online zocken

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