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kansas star casino entertainmentThe recently opened .”Wynn is heavily dependent on Macau, the lone region in China where gambling is legal, as a driver of its revenue.As a consequence of our estimate revisions, we are adjusting our price target to 0 from 6, with our valuation multiples remaining the same,” said Katz in a note out Monday.harrah s cherokee casino drive cherokee nc9 million people onto its gaming floor, and generated taxes of .Wynn Macau.”is the lotus hotel and casino real

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encore casino newsAs a consequence of our estimate revisions, we are adjusting our price target to 0 from 6, with our valuation multiples remaining the same,” said Katz in a note out Monday.org reported Monday, shares of US casino operators with Macau exposure, including Wynn, rallied on news of thawing trade tensions between the US and China.”Wynn is heavily dependent on Macau, the lone region in China where gambling is legal, as a driver of its revenue.Harrah’s New Orleans reported gross gaming revenue (GGR) of 9 million in its last fiscal year (July 1, 2018 – May 31, 2019).Wynn’s “capital allocation strategy has become less clear, given the endeavours to acquire and divest assets since our upgrade,” said Katz.“We believe that our thesis maintains merit, which is predicated on an inflection in the Chinese macro economy as the year progresses.borgata online casino customer service