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mgm grand casino detroit michiganNot only does that forecast imply upside of 78 percent from where DraftKings stock closed yesterday, but it’s well above the Wall Street consensus around .Loop is undaunted in its assessmentBut its regional portfolio is deeper than that of rival of MGM Resorts. Many of those patrons are staffers at other casinos, tying those operators to the Strip’s rebound, even though all of their Sin City venues are off the Strip.Likewise, Caesars is the second-largest operator on the Strip. gold coast casino las vegas bingoCaesars Entertainment (NASDAQ:CZR) and DraftKings (NASDAQ:DKNG) are two of Loop Capital’s preferred picks among gaming equities this year. (Image: Getty Images)The research firm is also bullish on VICI Properties (NYSE:VICI), the casino real estate investment trust (REIT) that counts Caesars as its largest client.As we look ahead to the remainder of 2021, we believe stocks that are most levered to the following key themes will outperform: for Gaming operators, online sports betting and a potential V-shaped recovery in Vegas; and asset and tenant diversification for the Gaming REITs,” said Loop in a note to clients today.The research firm adds that within its coverage universe, DraftKings, Caesars and VICI are the best ways for investors to tap into the aforementioned themes.Big DraftKings Backlas atlantis casino bonus codes bsiterLoop analyst Daniel Adam is relatively new on the DraftKings scene, initiating coverage of the daily fantasy sports (DFS) provider and sportsbook operator just over two months ago.However, he’s one of the stock’s biggest bulls. Loop Capital is bullish on operator Caesars and owner VICI Properties. morongo casino gambling age

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twin river casino table gamesGaming companies with limited or no Las Vegas Strip exposure are proving sturdy relative to their Sin City-centric counterparts. Caesars Entertainment (NASDAQ:CZR) and DraftKings (NASDAQ:DKNG) are two of Loop Capital’s preferred picks among gaming equities this year. Hollywood Casino at Penn National Race Course in Pennsylvania. clearwater casino concerts 2020Caesars Entertainment (NASDAQ:CZR) and DraftKings (NASDAQ:DKNG) are two of Loop Capital’s preferred picks among gaming equities this year. Loop Capital is bullish on operator Caesars and owner VICI Properties. “And given current valuation levels, we generally think the group is much better to be bought on pullbacks than putting in fresh money at current levels.”With coronavirus restrictions still in place at gaming venues across the country, many on Wall Street don’t expect the industry to show signs of earnings and revenue recovery until the back half of this year.On that note, Greff pared fourth-quarter first half 2021 earnings before interest, taxes, depreciation and amortization (EBITDA) estimates for an array of regional gaming names. golden nugget casino chips

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twin river casino armed robberyBut its regional portfolio is deeper than that of rival of MGM Resorts. An analyst says regional gaming stocks can be bought on pullbacks. Not only does that forecast imply upside of 78 percent from where DraftKings stock closed yesterday, but it’s well above the Wall Street consensus around .Loop is undaunted in its assessmentCaesars Entertainment (NASDAQ:CZR) and DraftKings (NASDAQ:DKNG) are two of Loop Capital’s preferred picks among gaming equities this year. They include Boyd Gaming (NYSE:BYD), Caesars Entertainment (NASDAQ:CZR), Churchill Downs (NASDAQ:CHDN), Penn National Gaming (NASDAQ:PENN) and Red Rock Resorts (NASDAQ:RRR).Regional Casinos Still Grappling with PandemicThlas atlantis casino bonus codes bsite JPMorgan analyst points to “rising COVID-19 infection rates and the ensuing impact of casino restrictions on regional gaming visitation and spend” as reasons for his downward revisions.During the pandemic, casino operators with less destination market exposure are proving resilient, because they’re realizing new cost efficiencies — many of which are likely permanent — and customers can drive to these properties. He was the first analyst to place a 0 price target on the name. blackjack not casino version