2025.09.14
juvenile paragon casinoElectoral ImplicationsIn the wake of the coronavirus pandemic, operators with exposure to Macau continue struggling, as visits to the world’s largest gaming center remain slack, pinching gross gaming revenue (GGR) in the process.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.Sports Betting Cards to PlayGolden Entertainment is rarely mentioned in the sports betting conversation.royal ace casino askgamblersWynn Resorts (NASDAQ:WYNN) is starting November on a strong note.(Image: Bloomberg)The bank raised its rating on shares of the Encore opis sam s town casino open todayerator 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.”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 vonline casino no deposit bonus japan riverwind casino hotelcaptain jack casino quickie boostWynn Resorts (NASDAQ:WYNN) is starting November on a strong note.48 percent off the March lows.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.hard rock casino card67 a share in value to Golden stock.The Wynn Macau integrated resort.Over the near-term, however, there’s a lot riding on the outcome of Tuesday’s US election.nugget casino reno map casino near me roulettebig dollar casino deposit bonus”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 vThat’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.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.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.“We believe a Biden victory, while not completely resolving the tenuous trade relations btw.That’s worth at least .island resort and casino entertainment online casino real money nz no deposit |