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Fly News Breaks for November 19, 2019
CZR, ERI
Nov 19, 2019 | 08:44 EDT
Morgan Stanley analyst Thomas Allen initiated coverage of Eldorado Resorts (ERI) with an Overweight rating and $65 price target, stating that he is confident in both the medium-term outlook for U.S. gaming and the company's ability to grow pro forma EBITDAR to greater than $4B in 2021. He also has faith in management's ability to deliver on synergies following a series of increasingly large acquisitions that culminated with the agreement to buy Caesars Entertainment (CZR) in June, Allen tells investors.
News For ERI;CZR From the Last 2 Days
CZR
Feb 25, 2021 | 14:21 EST
A bill has been introduced in Florida's House of Representatives that is intended to authorize wagers on sports events, provide duties of Division of Pari-mutuel Wagering, authorize application to division for license to operate sports pool, require annual renewal of license, and prohibit sports pools from being offered by anyone other than division or licensee, according to a post to the state's Senate website. The effective date would be "October 1, 2021, if HB 1319 and HB 1321 or similar legislation are adopted in the same legislative session or an extension thereof and become law," according to the post. Publicly traded companies in gambling the space include Boyd Gaming (BYD), Caesars (CZR), Churchill Downs (CHDN), DraftKings (DKNG), Flutter Entertainment (PDYPY), Gan Limited (GAN), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn National (PENN), William Hill (WIMHY) and Wynn Resorts (WYNN).
CZR
Feb 25, 2021 | 13:52 EST
Notable companies reporting after the market close, with earnings consensus, include Salesforce (CRM), consensus 75c... Airbnb (ABNB), consensus ($9.16)... Autodesk (ADSK), consensus $1.07... Workday (WDAY), consensus 55c... VMware (VMW), consensus $2.05... Dell Technologies (DELL), consensus $2.14... DoorDash (DASH), consensus (14c)... Monster (MNST), consensus 62c... Carvana (CVNA), consensus (47c)... Rocket Companies (RKT), consensus 87c... HP Inc. (HPQ), consensus 66c... Zscaler (ZS), consensus 8c... Etsy (ETSY), consensus 59c... Live Nation (LYV), consensus ($2.30)... Caesars (CZR), consensus ($1.76)... Sunrun (RUN), consensus 12c... Beyond Meat (BYND), consensus (13c)... First Solar (FSLR), consensus $1.23... Nikola (NKLA), consensus (23c)... Fisker (FSR), consensus (5c)... Shake Shack (SHAK), consensus (11c)... LivePerson (LPSN), consensus 0c... Allscripts (MDRX), consensus 21c... Sprouts Farmers Market (SFM), consensus 39c... Endo International (ENDP), consensus 48c... WW International (WW), consensus 32c.
CZR
Feb 25, 2021 | 09:34 EST
Reports January Las Vegas Strip gaming win down 43.8% to $321.53M. Publicly traded companies in the gambling space include Boyd Gaming (BYD), Caesars (CZR), Churchill Downs (CHDN), DraftKings (DKNG), Flutter Entertainment (PDYPY), Gan Limited (GAN), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn National (PENN), William Hill (WIMHY) and Wynn Resorts (WYNN).
CZR
Feb 23, 2021 | 13:17 EST
The Texas legislature is proposing a constitutional amendment authorizing the legislature to legalize sports wagering, according to a post on Texas Legislature Online. Publicly traded companies in the gambling space include Boyd Gaming (BYD), Caesars (CZR), Churchill Downs (CHDN), DraftKings (DKNG), Flutter Entertainment (PDYPY), Gan Limited (GAN), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn National (PENN), William Hill (WIMHY) and Wynn Resorts (WYNN).