2025.10.08
online blackjack michiganBull 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.The Wynn Macau integrated resort.seminole casino konawa“We would expect to see Wynn stock re-rate if Biden wins the presidency.Electoral ImplicationsIn the wake of the coronavirus pandemic, operators with exposure to Macau continue struggling, as visits to the world’s largest gaming center remain slack, pinching gross gaming revenue (GGR) in the process.“We would expect to see Wynn stock re-rate if Biden wins the presidency.casino slot machine repair i 40 casino seminole oklahomachumba casino explainedHe said there’s also potential with the company’s small, but growing, sports wagering operation.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.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.8 star casino slotAdditionally, as one of six license holders in Maryland, the company is likely to benefit from what’s expected to be easy approval of sports wagering there on Election Day.2 billion, more than triple the company’s market capitalization of 6.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.chukchansi casino buffet prices 2019 harrah s cherokee casino murphyharrah s casino downtown new orleansSports Betting Cards to PlayGolden Entertainment is rarely mentioned in the sports betting conversation.the US and China, would at least help mitigate the extreme bear case that WYNN’s concession would not be renewed,” the analyst said.Over the near-term, however, there’s a lot riding on the outcome of Tuesday’s US election.48 percent off the March lows.”Confirming that the stock is perhaps grossly undervalued, the Roth Capital analyst estimates the value of Golden’s Las Vegas real estate at .Wynn Resorts (NASDAQ:WYNN) is starting November on a strong note.firekeepers casino entertainment peppermill casino parking |