peppermill casinos inc corporate officeIn a note to clients today, Union Gaming analyst John DeCree raised his rating on Wynn to “buy” from “hold,” while noting the Encore operator is positioned to lead a recovery in Macau gaming equities.44 percent over the past month, as market participants fret that a spike in COVID-19 cases in the US will keep gamblers and tourists away from the operators two Las Vegas Venues — Wynn and Encore.The stock trades near at this writing.downstream casino couponsWe expect the initial recovery will be in the premium mass and VIP segments, and anticipate a flight to asset quality for both investors and consumers,” said DeCree.The operator’s other US property, Encore Boston Harbor, reopened a few days ago.Phil Murphy (D) ordered the gaming venues to temporarily suspend their operations on March 16, but lifted the directive effective July 2.kansas star casino swap meet

casino 99

online casino apps michiganBorgata opted to remain dark after Murphy abruptly changed his mind regarding indoor dining.However, Macau is by far Wynn’s most important market, generating two-thirds or more of the company’s revenue and earnings before interest, taxes, depreciation and amortizations (EBITDA) in any given quarter.Recently, plans for a travel bubble between Guangdong, Hong Kong, and Macau fell apart because of a resurgence of coronavirus cases in Hong Kong.cliff castle casino directionsBut the stock surged nearly 10 percent on heavy volume Monday on news that Guangdong province is ending its quarantine protocol applicable to travelers arriving from Macau.Recently, plans for a travel bubble between Guangdong, Hong Kong, and Macau fell apart because of a resurgence of coronavirus cases in Hong Kong.“We’re here right now.download free casino slot games play offline

casino l auberge baton rouge

free slot games hit it richWynn Palace, seen here, operator is poised to lead a recovery in Macau equities, says Union Gaming analyst John DeCree.”But with Murphy in no rush to resume indoor dining and drinking, Borgata is apparently moving forward with reopening Atlantic City’s top gaming revenue property.”Wynn is one of the Macau operators more levered to VIP trends, whereas rival Las Vegas Sands (NYSE:LVS) is more dependent on the mass and premium mass market demographics.Borgata opted to remain dark after Murphy abruptly changed his mind regarding indoor dining.It might be some time until additional businesses and/or activities are allowed to resume.Wynn Palace, seen here, operator is poised to lead a recovery in Macau equities, says Union Gaming analyst John DeCree.four winds casino south bend winners