hard rock casino dominican republicWynn Resorts (NASDAQ:WYNN) is starting November on a strong note.(Image: Bloomberg)The bank raised its rating on shares of the Encore opfree casino slot machine gameserator 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.Sports Betting Cards to PlayGolden Entertainment is rarely mentioned in the sports betting conversation.santa ana casino hotel“We would expect to see Wynn stock re-rate if Biden wins the presidency.As 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.“We would expect to see Wynn stock re-rate if Biden wins the presidency.brian christopher slots new today

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big 5 casino no deposit bonus 2020“We would expect to see Wynn stock re-rate if Biden wins the presidency.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.Fitch Ratings has downgraded approximately 5 million worth of bonds issued by the New Jersey Casino Reinvestment Development Authority (CRDA).7 card blackjack online game(Image: Press of Atlanticfree casino slot machine games City)The credit agency lowered its CRDA rating from BBB+ to BBB.Fitch Ratings has downgraded approximately 5 million worth of bonds issued by the New Jersey Casino Reinvestment Development Authority (CRDA).“Adding to its Strip revenue from local play, revenue generation from locals would be ~85 percent of the total.chukchansi casino rooms

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wild west casinoOver the near-term, however, there’s a lot riding on the outcome of Tuesday’s US election.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.BBB ratings indicate a low default risk, but “adverse business or economic conditions are more likely to impair this capacity.”Prior to Allen’s call, the last two analyst rating actions on Wynn stock were downgrades.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.Bonds issued by New Jersey’s Casino Reinvestment Development Authority have been downgraded by Fitch Ratings.boomtown casino bobier city