golden nugget casino 1965We 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 would expect to see Wynn stock re-rate if Biden wins the presidency.”Prior to Allen’s call, the last two analyst rating actions on Wynn stock were downgrades.black hawk casino hotel ratesThat, coupled with President Trump’s heavy-handed approach to relations with China, are among the factors weighing on Wynn stock this year.Fitch Ratings has downgraded approximately 5 million worth of bonds issued by the New Jersey Casino Reinvestment Development Authority (CRDA).”Confirming that the stock is perhaps grossly undervalued, the Roth Capital analyst estimates the value of Golden’s Las Vegas real estate at .online casino like bovada

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high 5 casino free slot gamesAs 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.48 percent off the March lows.Shares of Golden are down 33 percent year-to-date, but higher by 286.admiral casino zagreb67 a share in value to Golden stock.Shares of Golden are down 33 percent year-to-date, but higher by 286.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.steve wynn casino las vegas

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