raging bull casino login“Adding to its Strip revenue from local play, revenue generation from locals would be ~85 percent of the total.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.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.caesar casino online paThat’s slightly ahead of the average Wall Street forecast of about .”Prior to Allen’s call, the last two analyst rating actions on Wynn stock were downgrades.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.bellagio casino restaurants

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cashman casino levelsBull Case for the PatientMorgan Stanley analyst Thomas Allen lays out a bull case for Wynn stock.That’s slightly ahead of the average Wall Street forecast of about .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.clearwater casino ferryMorgan Stanley upgraded the stock today, sparking a rally.Over the near-term, however, there’s a lot riding on the outcome of Tuesday’s US election.It’s rallying on the back of an upgrade by Morgan Stanley.online casino sweepstakes

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