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hollywood casino 500 matchThat new forecast implies upside of 18.6 percent from the March 31 close. There is something to the notion that Boyd’s FanDuel stake isn’t fully reflected in the former’s stock price. His new view comes less than two months after he last boosted his projection on the regional gaming name.Longer-term, we continue to believe spending/visitation trends will remain relatively healthy across the majority of BYD’s operating markets, while their diminishing cost structure should ultimately allow for greater flow-through,” said Wieczynski.He raised his 2021 through 2023 revenue and earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) estimates on the gaming name.Adding to the Boyd bull case is that many of the cost reductions the operator realized during the coronavirus pandemic are likely to remain permanent. harrah s cherokee casino concerts 2020Boyd Gaming (NYSE:BYD) stock is a catalyst-rich story, with plenty of levers to pull to generate upside,sycuan casino san diego gxpk despite already being up 37.37 percent year-to-date. That’s even as business normalizes and old revenue streams are replenished. With vaccines becoming more accessible, a wave of pent-up demand from the 55+ demographic could soon be unleashed, supporting gross gaming revenue (GGR) recovery in the second half of this year.“The 55+ age demographic has play levels that are down over 40%, and we expect this demographic to return quickly in 2H21, which will support and boost regional GGR trends,” said Wieczynski.He adds that a combination of improved marketing schemes, lower labor costs, and the elimination of some profit-sapping amenities could help Boyd expand margins by 500 to 1,000 basis points relative to pre-pandemic levels.Underappreciated Sports Betting StoryBoyd stock usually isn’t viewed as a sports wagering play. hard rock lake tahoe arcade
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brian christopher slots you tubeAn analyst sees multiple reasons for the stock to surge. But many prospective buyers lack the financial resources to make adequate offers.That scenario could change as the economy improves and as the Strip shakes off the effects of COVID-19. That’s by design, as executives previously voiced preferences for regional gaming real estate, opting to eschewing the volatility associated with Las Vegas and other destination markets.Currently, the REIT owns just three venues in Southern Nevada, and it’s shopping Tropicana Las Vegas. online casino no deposit bonus 2021 australia(Image: VegasExperience.com)That’s the take of Stifel analyst Steven Wieczynski, who, in a note to clients Thursday, reiterates a “buy” rating on the Orleans operator, while lifting his price target to from . (Image: VegasExperience.com)That’s the take of Stifel analyst Steven Wieczynski, who, in a note to clients Thursday, reiterates a “buy” rating on the Orleans operator, while lifting his price target to from . “We believe there are 8-12 states that could go down the path of legalizing sports betting this year, which should continue to support long-term total addressable market estimates (no matter how crazy they are). free slots keep winnings no deposit
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chukchansi casino suitesBetween its dominant positioning in downtown Sin City and its regional portfolio, the company is levered to key demographics, such as Las Vegas locals (LVLs) and the 55-and-up age group.Older gamblers largely sat out initial coronavirus reopenings, limiting rebounds for regional operators. With vaccines becoming more accessible, a wave of pent-up demand from the 55+ demographic could soon be unleashed, supporting gross gaming revenue (GGR) recovery in the second half of this year.“The 55+ age demographic has play levels that are down over 40%, and we expect this demographic to return quickly in 2H21, which will support and boost regional GGR trends,” said Wieczynski.He adds that a combination of improved marketing schemes, lower labor costs, and the elimination of some profit-sapping amenities could help Boyd expand margins by 500 to 1,000 basis points relative to pre-pandemic levels.Underappreciated Sports Betting StoryBoyd stock usually isn’t viewed as a sports wagering play. That’s even as business normalizes and old revenue streams are replenished. dealt with multi-month shutdowns across the country.Ultimately, foreclosure fears proved unfounded, helping GLPI stock to a gain of 55 percent over the past year — far ahead of the 31.51 percent returned by the MSCI US Investable Market Real Estate 25/50 Index.St. “We believe there are 8-12 states that could go down the path of legalizing sports betting this year, which should continue to support long-term total addressable market estimates (no matter how crazy they are). Between its dominant positioning in downtown Sin City and its regional portfolio, the company is levered to key demographics, such as Las Vegas locals (LVLs) and the 55-and-up age group.Older gamblers largely sat out initial coronavirus reopenings, limiting rebounds for regional operators. hard rock casino california
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