bovada casino no deposit bonusThe Rhode Island-based operator currently owns nine casinos in five states.John Yetimoglu, the founder of the money manager, said he has “high conviction” in the gaming operator despite recent struggles in Macau, the Chinese region that aadmiral casino dartfordccounts for 70 percent of Wynn’s venue.Today, there are just two — the aforementioned Atlantic City and Las Vegas properties.thunder valley casino deathThe Infinitum founder says he prefers Wynn to a basket of gaming stocks, including rivals Las Vegas Sands (NYSE:LVS) and MGM Resorts International (NYSE:MGM), because the former is most exposed to Macau, a market he seeadmiral casino dartfords rebounding more rapidly than other marquee casino destinations.WYNN is trading at about 5 times normalized EBITDA (earnings before interest, taxes, depreciation, and amortization), which is a historical trough,” said Yetimoglu.The Infinitum founder says he prefers Wynn to a basket of gaming stocks, including rivals Las Vegas Sands (NYSE:LVS) and MGM Resorts International (NYSE:MGM), because the former is most exposed to Macau, a market he seeadmiral casino dartfords rebounding more rapidly than other marquee casino destinations.free online poker wpt

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seven feathers casino queensrycheAt some point in the near future, the number of US casinos bearing the Bally’s name will multiply significantly.67.“Why do I want more VIP exposure?valley forge casino valley forge paGood Deal with WynnYetimoglu argues that the current situation in Macau isn’t nearly as grim as the global financial crisis or the 2015 junket scandal.(Image: Bloomberg)Infinitum Partners, a Miami-based long/short investment firm, says Wynn can surge to 0 a share over the next six to 12 months, more than doubling from the Oct.”The fund manager adds that current valuations on Wynn are below those seen in 2015, when Beijing cracked down on Macau junket operators, citing money laundering offenses.safest online slots real money

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choctaw casino and resort in durant oklahomaBut it’s still in a funk this year, shedding nearly 48 percent as the coronavirus pandemic punishes gaming equities.At one point, it was the highest-grossing casino on the Boardwalk.Usually, Macau gaming names trade at 15x to 20x EBITDA.WYNN is trading at about 5 times normalized EBITDA (earnings before interest, taxes, depreciation, and amortization), which is a historical trough,” said Yetimoglu.It took its current name in 1986 when it was sold to Bally Manufacturing for 4 million.But with pending deals, including a recently announced Illinois acquisition, its portfolio will increase to 13 gaming venues in nine states.no deposit bonus drake casino today