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harrah s casino phoenix“We would expect to see Wynn stock re-rate if Biden wins the presidency.That, coupled with President Trump’s heavy-handed approach to relations with China, are among the factors weighing on Wynn stock this year.Shares of Golden are down 33 percent year-to-date, but higher by 286.encore casino number2 billion, more than triple the company’s market capitalization of 6.Wynn Resorts (NASDAQ:WYNN) is starting November on a strong note.“We would expect to see Wynn stock re-rate if Biden wins the presidency.mgm casino concerts

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boulder station casino players cardThat’s because his fanduel casino safeis administration will likely take a softer tone toward geopolitical relations with the world’s second-largest economy.Morgan Stanley upgraded the stock today, sparking a rally.48 percent off the March lows.four winds casino resortIt’s rallying on the back of an upgrade by Morgan Stanley.BBB ratings indicate a low default risk, but “adverse business or economic conditions are more likely to impair this capacity.48 percent off the March lows.casino atlantic city

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el dorado casino reno reviews3 billion.Bull Case for the PatientMorgan Stanley analyst Thomas Allen lays out a bull case for Wynn stock.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.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.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.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.resorts casino online phone number

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