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table games at rivers casinoThat’s worth at least .Fitch Ratings has downgraded approximately 5 million worth of bonds issued by the New Jersey Casino Reinvestment Development Authority (CRDA).”The downgrade of CRDA’s luxury tax revenue bonds to ‘BBB’ from ‘BBB+’ reflects the severity of pledged revenue declines in 2020, the likely slow trajectory of the recovery for casino and other entertainment activity in Atlantic City, and thus luxury tax receipts, and the resulting higher vblack oak casino arcade60 a share to Golden equity, says Bain.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.Over the near-term, however, there’s a lot riding on the outcome of Tuesday’s US election.thunder valley casino update

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black bear casino play and stayThat, coupled with President Trump’s heavy-handed approach to relations with China, are among the factors weighing on Wynn stock this year.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.That, coupled with President Trump’s heavy-handed approach to relations with China, are among the factors weighing on Wynn stock this year.kansas star casino foodAlong those lines, there’s also chatter that a win by Biden will ease the concession renewal process for US-based Macau operators, potentially eliminating the specter of new fees and penalties or the risk that licenses won’t be renewed at all. by mid-to-upscale millennials, slot routes, and local casino play,” said Bain.the US and China, would at least help mitigate the extreme bear case that WYNN’s concession would not be renewed,” the analyst said.cool cat casino free spins bonus codes

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cliff castle casino the lodge(Image: Bloomberg)The bank raised its rating on shares of the Encore opis fanduel casino safeerator to “overweight” from “equal-weight,” while lifting its price target on the name to from , implying upside of 29 percent from last Friday’s close.“We would expect to see Wynn stock re-rate if Biden wins the presidency.”Confirming that the stock is perhaps grossly undervalued, the Roth Capital analyst estimates the value of Golden’s Las Vegas real estate at .60 a share to Golden equity, says Bain.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.pechanga casino promotions

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