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harrah s casino in las vegasorg reported Monday, Wynn released solid October earnings before interest, taxes, depreciation and amortization (EBITDA) and revenue guidance for its two Macau properties, Wynn Macau and Wynn Palace.The company said preliminary Macau results for November and to this point in December are not available.Due to the limitations on visits to the peninsula, Bernstein is now forecasting a December GGR decline of 12 percent to 16 percent, far worse than its original estimate calling for a decline of eight percent to 11 percent.mgm casino kentuckyAt the end of the third quarter, 23 hedge funds held long positions in the regional gaming company’s shares, a 15 percent jump from the previous quarter.1, said “we intend to meaningfully deleverage our balance sheet,” but no mention of selling the Tropicana was made.HG Vora, which has stakes in a slew of gaming companies, is the largest hedge fund owner of Penn National shares, with a stake valued at more than 0 million.little river casino cruise

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live casino maskMorgan analyst Joseph Greff noted there’s value in names such as Melco Resorts (NASDAQ:MLCO) and Wynn Resorts Ltd.Additionally, casinos – like banks anorg reported Monday, Wynn released solid October earnings before interest, taxes, depreciation and amortization (EBITDA) and revenue guidance for its two Macau properties, Wynn Macau and Wynn Palace.free online slots no download with bonus roundsThat decision is prompting some research firms to trim monthly and quarterly GGR estimates for the Chinese territory.Due to the limitations on visits to the peninsula, Bernstein is now forecasting a December GGR decline of 12 percent to 16 percent, far worse than its original estimate calling for a decline of eight percent to 11 percent.Of the 14 analysts covering Penn stock, 11 have bullish ratings on the shares.admiral casino crewe

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winstar world casino factsOf the 14 analysts covering Penn stock, 11 have bullish ratings on the shares.Stock Has SupportersData confirms some professional investors are buying into the Penn National story.A clampdown by China on Macau visas is hurting gaming revenue in the casino hub.For Macau gaming equities, the timing of Bernstein’s downward revisions is inauspicious because it comes just days after J.1, said “we intend to meaningfully deleverage our balance sheet,” but no mention of selling the Tropicana was made.P.sam s town casino steakhouse

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