hard rock casino appBull Case for the PatientMorgan Stanley analyst Thomas Allen lays out a bull case for Wynn stock.Bonds issued by New Jersey’s Casino Reinvestment Development Authority have been downgraded by Fitch Ratings.Wynn Resorts (NASDAQ:WYNN) is starting November on a strong note.jackson rancheria casino resort hotelWe 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.Morgan Stanley upgraded the stock today, sparking a rally.Over the near-term, however, there’s a lot riding on the outcome of Tuesday’s US election.new slots 2020 free casino games slot machines

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mychoice casino unhandled error“We would expect to see Wynn stock re-rate if Biden wins the presidency.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.(Image: Press of Atlanticfree casino slot machine games City)The credit agency lowered its CRDA rating from BBB+ to BBB.bcasino reviewAssuming 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.(Image: Bloomberg)The bank raised its rating on shares of the Encore opfree casino slot machine gameserator 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.Shares of the Encore Boston Harbor operator are lower by almost 48 percent year-to-date but are up more than three percent with the help of the Morgan Stanley upgrade.mgm.casino dc

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choctaw casino eventsThat’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.25 million.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.He notes it’s possible the stock could climb to 5, more than double current levels if 2022 EBITDA comes in at or tops .“We would expect to see Wynn stock re-rate if Biden wins the presidency.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.silver oak casino 100 no deposit bonus