cliff castle casino pokerElectoral 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.“We believe a Biden victory, while not completely resolving the tenuous trade relations btw. by mid-to-upscale millennials, slot routes, and local casino play,” said Bain.thunder valley casino deals by mid-to-upscale millennials, slot routes, and local casino play,” said Bain.“We would expect to see Wynn stock re-rate if Biden wins the presidency.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.aliante casino news

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boomtown casino covidHe 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.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.coushatta casino win lob statementBonds issued by New Jersey’s Casino Reinvestment Development Authority have been downgraded by Fitch Ratings.BBB ratings indicate a low default risk, but “adverse business or economic conditions are more likely to impair this capacity.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.mgm casino mask policy

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slot casino in californiaThat’s slightly ahead of the average Wall Street forecast of about .Additionally, as one of six license holders in Maryland, the company is likely to benefit from what’s expected to be easy approval of sports wagering there on Election Day.“We believe a Biden victory, while not completely resolving the tenuous trade relations btw.Shares of Golden are down 33 percent year-to-date, but higher by 286.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 bank anoints Wynn stock as its new favored cyclical idea.que es hard rock casino