Big Fish Casino Problems ferendum was easily rejected, nearly 78 percent of voters saying casinos should stay in Atlantic City. Failed ballot referendums in New Jersey cannot go before voters for at least two years. Gural said after the futile effort that patience is key to bringing his Meadowlands a casino. “I’d rather wait six years until New York is either open or getting ready to open, at which point I think voters will say, ‘Wait a second, what are these Atlantic City people arguing? '”New York’s 2013 gaming expansion called for four commercial casinos upstate, plus three gaming licenses earmarked for NYC. When Is Turtle Creek Casino Going To Open Zwme But the state-mandated a 10-year moratorium on the downstate developments in order to give the upstate casinos time to establish their customer bases. Borgata Casino Hours Byrf 2023 is quickly approaching, and New York recently issued a request for information to casino ops that are interested in the forthcoming market.

Allen explained that the company will respond to New York’s request before its December 10 deadline. Free Slots Sites Srcd Austria Market Supports Multiple PropertiesAs for pursuing New York City while still engaged in its Meadowlands pact, Allen said Hard Rock would be capable of owning and operating two large casinos in the Big Apple and across the Hudson River in North Jersey. The gaming exec said the large population in the metro area — approximately 20 million people, the largest in the US — would allow several resorts to be profitable. soaring eagle casino entertainment hall seating chart How many casinos do you have lined up here? ” Allen asked whilelucky tiger casino no deposit bonus australia being interviewed by the AP in Atlantic City. casino bus pick up near me The town currently has nine casinos operating. “One hundred percent, the market is large enough,” Allen said of building in NYC and North Jersey. when did angel of the winds casino open black oak casino halloween

Key Insights and Expert Analysis

As for now, there are no active campaigns to ask New Jerseyans again if they wish to allow casinos outside of Atlantic City. While off the high of 1. tachi palace casino in lemoore california 67 percent touched last week, ten-year Treasury yields are up 22. free 5 reel slot machine games Does Seven Feathers Casino Have An Arcade Qiox 68 percent over the past three months. phone number borgata casino atlantic city That’s prompting investors to consider assets that perform well against the backdrop of rising rates. Las Vegas Sands (NYSE:LVS) stock fits the bill. club player casino 100 free spins plentiful treasure LVS’s Venetian Macau, seen above.

Bank of America believes the stock can rally as 10-year yields rise. (Image: Joe Cavaretta/AP)The gaming equity’s penchant for sturdiness as 10-year yields rise is worth remembering, because Bank of America strategists are forecasting a jump to two percent for those bond yields by the end of 2022. captain jack casino free chip 2021 Ten-year yields reside at 1. pechanga casino 21 and over 548 percent at this writing. The Bank of America team ran a screen of S&P 500 members that were helped the most by increasing nominal 10-year yields from 1972 through September 2021, with Las Vegas Sands appearing on the list. Screens are based on a regression of stocks’ monthly excess returns vs. ruby slots app monthly changes in the nominal 10-year yields, including only those stocks with beta (slope) that is statistically significant at the 5 percent level, and who have at least 10 years of monthly returns,” accordinlucky tiger casino no deposit bonus australiag to the bank.

LVS stock, which is rated “neutral” by Bank of America, has a nominal interest rate beta of 14. 2, good for the fifth spot on the list. wynn casino las vegas buffet price It’s the only gaming equity in the group. angel of the winds casino midget wrestling wild casino vegas slots Waiting on LVS Stock to BenefitAmid the recent spike in 10-year yields, LVS isn’t proving too responsive, gaining just 1. hollywood casino take 2 grill menu 65 percent over the past three months. seneca niagara casino layout That’s likely a symptom of a sluggish recovery in Macau – the company’s largest market. Sands China runs five integrated resorts in the world’s biggest gaming center.

That makes it vulnerable to recent speculation that authorities there are looking to implement tighter controls over the casino industry. Shares of US-based Macau operators,