doubledown casino level 10org reported Monday, shares of US casino operators with Macau exposure, including Wynn, rallied on news of thawing trade tensions between the US and China.Katcasino near me miamiz also made a modest downward revision to his price target on Wynn to 0 from 6 while maintaining a “buy” rating.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.thunder valley casino parkingDavid Katz of Jefferies, one of the most widely followed gaming and leisure analysts on Wall Street, pared earnings estimates and his price target on shares of Wynn Resorts, Ltd.“We remain steadfast in our view for the time being, given that the trade talks are on, the M&A efforts have not progressed and Boston is now open and operating.Operators there said gross gaming revenue (GGR) rose nearly six percent last month to .valley forge casino parking

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borgata casino live chatIn a base case scenario, Jefferies’ Katz sees the Everett, Massachusetts property adding million in earnings before interest, taxes, depreciation and amortization (EBITDA) to Wynn this year and 7 million in 2020.Near-Term IssuesWynn holds an analyst meeting next week and it is expected the company will provide clarity on issues ranging from Macau to the Encore Boston Harbor opening and perhaps offer comments on acquisition opportunities as well as plans to return capital to investors.Katcasino near me miamiz also made a modest downward revision to his price target on Wynn to 0 from 6 while maintaining a “buy” rating.online gambling washington state(Image: Booking.(Image: Booking.“We believe that the current announcement that negotiations will resume should have a positive impact, but the outcome remains speculative and subject to volatility,” said the analyst.bovada casino las vegas

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online casino rHarrah’s New Orleans reported gross gaming revenue (GGR) of 9 million in its last fiscal year (July 1, 2018 – May 31, 2019).However, the Louisiana Department of Revenue says it’s likely in the neighborhood of million to million.In May, the company raised its quarterly dividend to a share from 75 cents, but it has not recently announced plans to buyback any of its stock.6 billion Encore Boston Harbor, the company’s first UScasino near me miami property not in Las Vegas, could help in the quest to broaden revenue horizons.Analysts and investors have long wanted more diversity in Wynn’s revenue stream, meaning decreased dependence on Macua and the broader Chinese economy.Near-Term IssuesWynn holds an analyst meeting next week and it is expected the company will provide clarity on issues ranging from Macau to the Encore Boston Harbor opening and perhaps offer comments on acquisition opportunities as well as plans to return capital to investors.winstar world casino slots