- The pandemic and mergers have created a buffet of bargain properties for hunters like its hedge fund majority owners.
- The recently re-christened Twin River Worldwide Holdings Inc. is small compared to regional competitors, but its potential as a merger or acquisition partner looms as a long-term possibility.
- The stock is fully valued in our view, but post-pandemic, it will depend on how cost efficient they can run against tough competition.
For further details see:
Bally's Corporation: A Casino Portfolio Of Cast-Offs That Could Perform Well As A Low Cost Leader