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nearest casino with blackjackDavid 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.As 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.Harrah’s New Orleans reported gross gaming revenue (GGR) of 9 million in its last fiscal year (July 1, 2018 – May 31, 2019).clearwater casino resort vs tower”Wynn is heavily dependent on Macau, the lone region in China where gambling is legal, as a driver of its revenue.“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.5 percent tax on GGR, or million, whichever is greater.free online poker uk

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silver oak casino free money no deposit(Image: American Gaming Association)It’s a big statement, and one he made while sitting down recently with the Las Vegas Sun.65 from .Analysts are hoping the company can add to its non-China revenue.”As 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.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.kansas star casino covid 19