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downstream casino steakhouseThe bank anoints Wynn stock as its new favored cyclical idea.Bonds issued by New Jersey’s Casino Reinvestment Development Authority have been downgraded by Fitch Ratings.“Adding to its Strip revenue from local play, revenue generation from locals would be ~85 percent of the total.Bonds issued by New Jersey’s Casino Reinvestment Development Authority have been downgraded by Fitch Ratings.BBB ratings indicate a low default risk, but “adverse business or economic conditions are more likely to impair this capacity.(Image: Press of Atlanticfree casino slot machine games City)The credit agency lowered its CRDA rating from BBB+ to BBB.roulette casino tips