mgm grand casino northfield parkFitch Ratings has downgraded approximately 5 million worth of bonds issued by the New Jersey Casino Reinvestment Development Authority (CRDA).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.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.kansas star casino hotel wichita ksThat, coupled with President Trump’s heavy-handed approach to relations with China, are among the factors weighing on Wynn stock this year.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.The Wynn Macau integrated resort.drake casino vip rewards

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fanduel casino logoIt’s rallying on the back of an upgrade by Morgan Stanley.”Confirming that the stock is perhaps grossly undervalued, the Roth Capital analyst estimates the value of Golden’s Las Vegas real estate at .25 million.7 riches online casino south africaShares of Golden are down 33 percent year-to-date, but higher by 286.Over the near-term, however, there’s a lot riding on the outcome of Tuesday’s US election.(Image: Press of Atlanticmgm casino 10k City)The credit agency lowered its CRDA rating from BBB+ to BBB.blackjack online vegas world

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casino exprebShares 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.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.3 billion.Shares of Golden are down 33 percent year-to-date, but higher by 286.3 billion.”The downgrade of CRDA’s luxury tax revenue bonds to ‘BBB’ from ‘BBB+’ reflects the severity of pledged revenue declines in 2020, the likely slow trajectory of the recovery for casino and other entertainment activity in Atlantic City, and thus luxury tax receipts, and the resulting higher vcasino ny