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owner of firekeepers casinoNot 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 assessment(Image: The Street)JPMorgan analyst Joseph Greff, advises clients to embrace regional gaming equities on pullbacks, not at current, lofty prices.We are surprised with the 2021 share price strength, which follows torrid share price performance in the 4Q20,” said the analyst. For investors, each name should be evaluated on a case-by-case basis.For example, Boyd and Red Rock generate significant portions of their revenue and EBITDA from the Las Vegas locals segment. the hard rock casino in sacramentoBut 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. That’s a plus, but Greff sees tepid results for regional operators across the board during the first half of 2021.“Similarly, we expect 1Q21 regional results to be similar to December’s and expect 2Q21 to be modestly better than the 1Q21; as such we are lowering our 1H21 estimates,” he said in a note to clients.Churchill, Penn NationalChurchill Downs and Penn National Gaming are classified as regional gaming names, with the latter boasting the biggest roster of such casinos in the country.However, the stocks are up 28 percent and 236 percent, respectively, over q casino online pgxfthe past year, as investors increasingly view these names as iGaming and online sports betting plays first, and casino operators second. hard rock y casino punta cana

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admiral casino vicar lane(Image: The Street)JPMorgan analyst Joseph Greff, advises clients to embrace regional gaming equities on pullbacks, not at current, lofty prices.We are surprised with the 2021 share price strength, which follows torrid share price performance in the 4Q20,” said the analyst. (Image: The Street)JPMorgan analyst Joseph Greff, advises clients to embrace regional gaming equities on pullbacks, not at current, lofty prices.We are surprised with the 2021 share price strength, which follows torrid share price performance in the 4Q20,” said the analyst. (Image: The Street)JPMorgan analyst Joseph Greff, advises clients to embrace regional gaming equities on pullbacks, not at current, lofty prices.We are surprised with the 2021 share price strength, which follows torrid share price performance in the 4Q20,” said the analyst. live 345 casinoGaming companies with limited or no Las Vegas Strip exposure are proving sturdy relative to their Sin City-centric counterparts. 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 PandemicThq casino online pgxfe 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. Gaming companies with limited or no Las Vegas Strip exposure are proving sturdy relative to their Sin City-centric counterparts. free 7 slot games

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who owns wild horse pab casino(Image: The Street)JPMorgan analyst Joseph Greff, advises clients to embrace regional gaming equities on pullbacks, not at current, lofty prices.We are surprised with the 2021 share price strength, which follows torrid share price performance in the 4Q20,” said the analyst. But its regional portfolio is deeper than that of rival of MGM Resorts. Caesars Palace Las Vegas, seen here. (Image: The Street)JPMorgan analyst Joseph Greff, advises clients to embrace regional gaming equities on pullbacks, not at current, lofty prices.We are surprised with the 2021 share price strength, which follows torrid share price performance in the 4Q20,” said the analyst. But one analyst says it might be time to take some chips off the table. Gaming companies with limited or no Las Vegas Strip exposure are proving sturdy relative to their Sin City-centric counterparts. hard rock hotel casino lake tahoe reviews

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