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the paragon casino cinema“Adding to its Strip revenue from local play, revenue generation from locals would be ~85 percent of the total.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.He said there’s also potential with the company’s small, but growing, sports wagering operation.valley forge casino map“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.”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 vonline slots real money oklahoma 5 dollar slot machinesis mgm casino smoke freeThat’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.”Prior to Allen’s call, the last two analyst rating actions on Wynn stock were downgrades.Bull Case for the PatientMorgan Stanley analyst Thomas Allen lays out a bull case for Wynn stock.is the mountaineer casino closedAssuming Caesars Entertainment is successful in acquiring William Hill, the British bookmaker is obligated to pay Golden million upon closing of that transaction, according to the Roth analyst.”Prior to Allen’s call, the last two analyst rating actions on Wynn stock were downgrades.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.blackjack online real money paypal encore casino las vegas restaurantsfour winds casino venue(Image: Bloomberg)The bank raised its rating on shares of the Encore opis fanduel casino safeerator 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 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.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.“We believe a Biden victory, while not completely resolving the tenuous trade relations btw.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.The Wynn Macau integrated resort.seneca niagara casino niagara falls twin river casino kansas city |