hollywood casino steakhouse”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 vThe bank anoints Wynn stock as its new favored cyclical idea.Wynn Resorts (NASDAQ:WYNN) is starting November on a strong note.harrah s casino atlanta”Prior to Allen’s call, the last two analyst rating actions on Wynn stock were downgrades.That’s worth at least .He notes it’s possible the stock could climb to 5, more than double current levels if 2022 EBITDA comes in at or tops .is the mgm grand smoke free

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