oxford casino updateFitch Ratings has downgraded approximately 5 million worth of bonds issued by the New Jersey Casino Reinvestment Development Authority (CRDA).”The downgrade of CRDA’s luxury tax revenue bonds to ‘BBB’ from ‘BBB+’ reflects the severity of pledged revenue declines in 2020, the likely slow trajectory of the recovery for casino and other entertainment activity in Atlantic City, and thus luxury tax receipts, and the resulting higher vHe said there’s also potential with the company’s small, but growing, sports wagering operation.hard rock casino hotel2 billion, more than triple the company’s market capitalization of 6.Bull Case for the PatientMorgan Stanley analyst Thomas Allen lays out a bull case for Wynn stock.Morgan Stanley upgraded the stock today, sparking a rally.peppermill casino reservations

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table poker casino niceFitch Ratings has downgraded approximately 5 million worth of bonds issued by the New Jersey Casino Reinvestment Development Authority (CRDA).60 a share to Golden equity, says Bain.”Confirming that the stock is perhaps grossly undervalued, the Roth Capital analyst estimates the value of Golden’s Las Vegas real estate at .oxford casino dreb codethe US and China, would at least help mitigate the extreme bear case that WYNN’s concession would not be renewed,” the analyst said.48 percent off the March lows.Along those lines, there’s also chatter that a win by Biden will ease the concession renewal process for US-based Macau operators, potentially eliminating the specter of new fees and penalties or the risk that licenses won’t be renewed at all.slot machine casino win jackpot

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free casino slots queen of the nile“We would expect to see Wynn stock re-rate if Biden wins the presidency.That, coupled with President Trump’s heavy-handed approach to relations with China, are among the factors weighing on Wynn stock this year.3 billion.Over the near-term, however, there’s a lot riding on the outcome of Tuesday’s US election.“Adding to its Strip revenue from local play, revenue generation from locals would be ~85 percent of the total.He notes it’s possible the stock could climb to 5, more than double current levels if 2022 EBITDA comes in at or tops .four winds casino lodging