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draftkings casino rv parkBut its 39 other venues are primarily in regional, not destination markets.Bain added that Wynn has less exposure to the Cotai Strip than rivals Las Vegas Sands (NYSE:LVS) and Melco Resorts & Entertainment (NASDAQ:MLCO), a relevant point because border expansions and new capacity could drive traffic to that area of Macau.Rather, the research firm focused on margins and Penn’s ability to meet lease obligatisycuan casino twitterBut Bain sees risks by way of a lack of liquidity among high-end players, new room supply coming to market, and a dearth of Hong Kong dollars flowing into the gaming hub because travel remains limited between the two SARs.“Additionally, our expectation that the company will improve its margin reflects our view that many of its lower-margin or loss-leading amenities, like buffets, will remain closed for some time to comply with health and safety measures intended to limit the spread of the coronavirus,” notes S&P.Regional Promise, Improving MarginsLike so many research firms, S&P is enthusiastic about Penn’s status as a regional gaming company with reduced exposure to the Las Vegas Strip.online casino usa legal captain jack casino homeonline casino money trainBut its 39 other venues are primarily in regional, not destination markets.Some investors like Wynn stock due to Asia-Pacific exposure.49 percent.online casino real money pennsylvaniaAs Bain notes, California accounted for a quarter of all US jobless claims in the last week of August.S&P took a dubious label off the operator’s credit grade today.Namely, Sin City is now highly dependent on leisure travel from neighboring California.wild lava casino encore casino popeye statuejamul casino ownerRegional Promise, Improving MarginsLike so many research firms, S&P is enthusiastic about Penn’s status as a regional gaming company with reduced exposure to the Las Vegas Strip.Some investors like Wynn stock due to Asia-Pacific exposure.The slots area at Penn National’s Hollywood Casino in Columbus, Ohio.Bain added that Wynn has less exposure to the Cotai Strip than rivals Las Vegas Sands (NYSE:LVS) and Melco Resorts & Entertainment (NASDAQ:MLCO), a relevant point because border expansions and new capacity could drive traffic to that area of Macau.That’s a negative at a time when the Golden State economy is still reeling from the effects of the pandemic.Without a coronavirus vaccine readily available, many tourists that need to fly to Las Vegas are saying “No, thanks.casino style poker table online gambling under 18 |