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encore casino up for saleMorgan Stanley is bullish on operator Caesars. “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. Ocean Casino Resort fared better than the eight other casinos in Atlantic City during the pandemic-stricken 2020 year. harrah s cherokee casino hotel(Image: USA Today)In advance of first-quarter earnings season, the bank released a group of equities it believes will outperform over the next few weeks as profits improve on a year-over-year basis. That compares with a loss of .25 on sales of 3.07 milliotwin river casino floor plan rgezn in the same period of 2020 — a time frame marked by the initial wave of coronavirus closures that slammed the gaming industry. Ocean Casino Resort is seen from the Atlantic City Boardwalk. oxford casino saturday jackpot

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palace station casino slotsThat 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. 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 2Casinos 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 2black hawk casino winsCaesars is one of six names on the “high conviction earnings” list, one of just two from the consumer discretionary sector and the only gaming name.Our analysts believe that one or more imminent events will drive the share price materially over the next 15-60 days,” according to Morgan Stanley. “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. 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. live casino 247

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nearest louisiana casinoOcean Casino Resort fared better than the eight other casinos in Atlantic City during the pandemic-stricken 2020 year. The property led the way last year in terms of operating profits among the town’s nine casinos. Thanks to our team’s hard work and determination in the months before and after our temporary closure due to the global pandemic, Ocean had a successful year. That compares with a loss of .25 on sales of 3.07 milliotwin river casino floor plan rgezn in the same period of 2020 — a time frame marked by the initial wave of coronavirus closures that slammed the gaming industry. That 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. (Image: USA Today)In advance of first-quarter earnings season, the bank released a group of equities it believes will outperform over the next few weeks as profits improve on a year-over-year basis. hard rock hotel y casino las vegas