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online casino real money easy withdrawalShares of Golden are down 33 percent year-to-date, but higher by 286.”Prior to Allen’s call, the last two analyst rating actions on Wynn stock were downgrades.He notes it’s possible the stock could climb to 5, more than double current levels if 2022 EBITDA comes in at or tops .admiral casino online gamesBut Bain lays out a case as to why that should change.Morgan Stanley upgraded the stock today, sparking a rally. by mid-to-upscale millennials, slot routes, and local casino play,” said Bain.admiral casino southampton

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riversweeps online casino free bonusThat’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.Bull Case for the PatientMorgan Stanley analyst Thomas Allen lays out a bull case for Wynn stock.The bank anoints Wynn stock as its new favored cyclical idea.casino near me fresno48 percent off the March lows.That’s worth at least .It’s rallying on the back of an upgrade by Morgan Stanley.foxwoods fox tower casino

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table games casino covidWynn Resorts (NASDAQ:WYNN) is starting November on a strong note.Along those lines, there’s also chatter that a win by Biden will ease the concession renewal process for US-based Macau operators, potentially eliminating the specter of new fees and penalties or the risk that licenses won’t be renewed at all.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.“We would expect to see Wynn stock re-rate if Biden wins the presidency.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.It’s rallying on the back of an upgrade by Morgan Stanley.the hollywood casino hotel

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