nearest casino to virginia beach vaAs a consequence of our estimate revisions, we are adjusting our price target to 0 from 6, with our valuation multiples remaining the same,” said Katz in a note out Monday.David Katz of Jefferies, one of the most widely followed gaming and leisure analysts on Wall Street, pared earnings estimates and his price target on shares of Wynn Resorts, Ltd.Near-Term IssuesWynn holds an analyst meeting next week and it is expected the company will provide clarity on issues ranging from Macau to the Encore Boston Harbor opening and perhaps offer comments on acquisition opportunities as well as plans to return capital to investors.free slot games mayan chief6 billion Encore Boston Harbor, the company’s first UShorse slot machine casino property not in Las Vegas, could help in the quest to broaden revenue horizons.Analysts and investors have long wanted more diversity in Wynn’s revenue stream, meaning decreased dependence on Macua and the broader Chinese economy.Analysts and investors have long wanted more diversity in Wynn’s revenue stream, meaning decreased dependence on Macua and the broader Chinese economy.island view casino location

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online slots real money no deposit bonus australia“We believe that our thesis maintains merit, which is predicated on an inflection in the Chinese macro economy as the year progresses.”Wynn is heavily dependent on Macau, the lone region in China where gambling is legal, as a driver of its revenue.Gaming reporter Bryan Horwath asked the president of the most important casino lobbying group in DC to comment about his recent trip to Las Vegas.big dollar casino no deposit bonus codes may 2021“Someone recently told me that the next five years in the gaming industry will be more exciting and more complex than th“We believe that the current announcement that negotiations will resume should have a positive impact, but the outcome remains speculative and subject to volatility,” said the analyst.American Gaming Association (AGA) President Bill Miller says the next five years could be more important – and perhaps more exciting – for the gaming industry than the last three decades combined.raging bull free spins codes

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choctaw casino keith urbanIn a base case scenario, Jefferies’ Katz sees the Everett, Massachusetts property adding million in earnings before interest, taxes, depreciation and amortization (EBITDA) to Wynn this year and 7 million in 2020.Harrah’s New Orleans reported gross gaming revenue (GGR) of 9 million in its last fiscal year (July 1, 2018 – May 31, 2019).In May, the company raised its quarterly dividend to a share from 75 cents, but it has not recently announced plans to buyback any of its stock.“We remain steadfast in our view for the time being, given that the trade talks are on, the M&A efforts have not progressed and Boston is now open and operating.com)In a recent note provided to Casino.The recently opened .table poker casino pau