Nugget Casino Reno Arcade ferendum was easily rejected, nearly 78 percent of voters saying casinos should stay in Atlantic City. coushatta casino news 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. slotocash casino verification “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? is santa claran casino open '”New York’s 2013 gaming expansion called for four commercial casinos upstate, plus three gaming licenses earmarked for NYC. 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. live casino fanduel 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. 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. black lotus casino free spin codes Ruby Slots No Deposit Codes August 2021 Miet How many casinos do you have lined up here? ” Allen asked whilebrian christopher slots youtube channel being interviewed by the AP in Atlantic City. The town currently has nine casinos operating. valley forge casino glabdoor “One hundred percent, the market is large enough,” Allen said of building in NYC and North Jersey.

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. 67 percent touched last week, ten-year Treasury yields are up 22. 68 percent over the past three months. boomtown casino tunica mibibippi online casino no deposit bonus michigan 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. Firekeepers Casino Rooms Rssk Austria LVS’s Venetian Macau, seen above. drake casino bonus code

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. Ten-year yields reside at 1. golden nugget casino jobs in lake charles peppermill casino promo code 548 percent at this writing. boomtown casino shreveport 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. Nearest Casino My Location Jfdw 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,” accordinbrian christopher slots youtube channelg to the bank. Seneca Niagara Casino King Suite Fdew

LVS stock, which is rated “neutral” by Bank of America, has a nominal interest rate beta of 14. encore casino nightclub 2, good for the fifth spot on the list. harrah s casino georgia It’s the only gaming equity in the group. Waiting on LVS Stock to BenefitAmid the recent spike in 10-year yields, LVS isn’t proving too responsive, gaining just 1. 65 percent over the past three months. 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. caesar casino no deposit bonus codes Shares of US-based Macau operators, including Sands, have also four winds casino games