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coushatta casino louisiana texas“We believe that our thesis maintains merit, which is predicated on an inflection in the Chinese macro economy as the year progresses.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.9 million people onto its gaming floor, and generated taxes of .choctaw casino rewards“Someone recently told me that the next five years in the gaming industry will be mAs 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.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.black bear casino tickets

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ocean online casino no deposit bonus codeIn 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.5 percent tax on GGR, or million, whichever is greater.“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.gold coast casino fitneb center“Someone recently told me that the next five years in the gaming industry will be mIn 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.AGA boss Bill Miller believes the next half-decade will see Las Vegas continue to bring new non-gaming visitors to town.sycuan casino concerts

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poker at casinos”Wynn is heavily dependent on Macau, the lone region in China where gambling is legal, as a driver of its revenue.9 million people onto its gaming floor, and generated taxes of .China, Other CatalystsAs Casino.In 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 2020.9 million people onto its gaming floor, and generated taxes of .Analysts and investors have long wanted more diversity in Wynn’s revenue stream, meaning decreased dependence on Macua and the broader Chinese economy.riverwind casino addreb

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