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online casino real money new yorkWe upgrade Wynn as we see 1) an upcoming operating inflection with further upside post-COVID, 2) overblown concerns about Macau high-end, & 3) a positive catalyst if Biden wins, all at an attractive valuation,” according to Morgan Stanley.(Image: Bloomberg)The bank raised its rating on shares of the Encore opis sam s town casino open todayerator to “overweight” from “equal-weight,” while lifting its price target on the name to from , implying upside of 29 percent from last Friday’s close.”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 vgold coast casino poker room”Prior to Allen’s call, the last two analyst rating actions on Wynn stock were downgrades.Bonds issued by New Jersey’s Casino Reinvestment Development Authority have been downgraded by Fitch Ratings.3 billion.wild casino online gambling

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firekeepers casino 400 qualifyingThat’s because his sam s town casino open todayis administration will likely take a softer tone toward geopolitical relations with the world’s second-largest economy.BBB ratings indicate a low default risk, but “adverse business or economic conditions are more likely to impair this capacity.That’s because the gaming company depends on Macau for 75 percent or more of its earnings before interest, taxes, depreciation and amortization (EBITDA) and revenue in normal quarters.is hallmark casino realAs such, in advance of tomorrow’s US elections, some gaming analysts are saying a victory by former Vice President and Democratic nominee Joe Biden will benefit Macau operators, including Wynn.25 million.”Prior to Allen’s call, the last two analyst rating actions on Wynn stock were downgrades.valley forge casino hiring

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lake tahoe casino explosion“We would expect to see Wynn stock re-rate if Biden wins the presidency.“We believe a Biden victory, while not completely resolving the tenuous trade relations btw.”Prior to Allen’s call, the last two analyst rating actions on Wynn stock were downgrades.“Adding to its Strip revenue from local play, revenue generation from locals would be ~85 percent of the total.It’s rallying on the back of an upgrade by Morgan Stanley.He said there’s also potential with the company’s small, but growing, sports wagering operation.river spirit casino slots

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