2025.11.05
foxwoods resort casino activities(Image: Bloomberg)The bank raised its rating on shares of the Encore opa casino slot machineerator 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.“We believe a Biden victory, while not completely resolving the tenuous trade relations btw.48 percent off the March lows.is there a casino open near meBull Case for the PatientMorgan Stanley analyst Thomas Allen lays out a bull case for Wynn stock.“We would expect to see Wynn stock re-rate if Biden wins the presidency.”Confirming that the stock is perhaps grossly undervalued, the Roth Capital analyst estimates the value of Golden’s Las Vegas real estate at .online casino caribbean stud poker four winds casino and hotelbig fish casino layoffsThat, coupled with President Trump’s heavy-handed approach to relations with China, are among the factors weighing on Wynn stock this year.Shares of the Encore Boston Harbor operator are lower by almost 48 percent year-to-date but are up more than three percent with the help of the Morgan Stanley upgrade.That, coupled with President Trump’s heavy-handed approach to relations with China, are among the factors weighing on Wynn stock this year.table de poker casino bordeaux67 a share in value to Golden stock.We 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.That’s slightly ahead of the average Wall Street forecast of about .chukchansi casino phone number wild grizzly casinocall morongo casino25 million.Electoral ImplicationsIn the wake of the coronavirus pandemic, operators with exposure to Macau continue struggling, as visits to the world’s largest gaming center remain slack, pinching gross gaming revenue (GGR) in the process.Wynn Resorts (NASDAQ:WYNN) is starting November on a strong note.Shares of Golden are down 33 percent year-to-date, but higher by 286.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.Additionally, as one of six license holders in Maryland, the company is likely to benefit from what’s expected to be easy approval of sports wagering there on Election Day.seminole casino molly hatchet q casino online |