paragon casino facebookBonds issued by New Jersey’s Casino Reinvestment Development Authority have been downgraded by Fitch Ratings.the US and China, would at least help mitigate the extreme bear case that WYNN’s concession would not be renewed,” the analyst said.The bank anoints Wynn stock as its new favored cyclical idea.online gambling qld60 a share to Golden equity, says Bain.Over the near-term, however, there’s a lot riding on the outcome of Tuesday’s US election.That’s worth at least .borgata online free casino

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bellagio hotel y casino2 billion, more than triple the company’s market capitalization of 6.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.But Bain lays out a case as to why that should change.phone number to scarlet pearl casinoBull Case for the PatientMorgan Stanley analyst Thomas Allen lays out a bull case for Wynn stock.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.It’s rallying on the back of an upgrade by Morgan Stanley.santa ana casino players club

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double down casino jeux gratuits“We would expect to see Wynn stock re-rate if Biden wins the presidency.He said there’s also potential with the company’s small, but growing, sports wagering operation.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 notes it’s possible the stock could climb to 5, more than double current levels if 2022 EBITDA comes in at or tops .That would add .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.liberty slots active bonus codes