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morongo casino keith sweatNear-Term IssuesWynn holds an analyst meeting next week and it is expected the company will provide clarity on issues ranging from Macau to the Encore Boston Harbor opening and perhaps offer comments on acquisition opportunities as well as plans to return capital to investors.That means for every 0 comped room Harrah’s has been handing out, Morvant says the casino should have been delivering the state .David Katz of Jefferies, one of the most widely followed gaming and leisure analysts on Wall Street, pared earnings estimates and his price target on shares of Wynn Resorts, Ltd.Harrah’s New Orleans reported gross gaming revenue (GGR) of 9 million in its last fiscal year (July 1, 2018 – May 31, 2019).”Wynn is heavily dependent on Macau, the lone region in China where gambling is legal, as a driver of its revenue.As a consequence of our estimate revisions, we are adjusting our price target to 0 from 6, with our valuation multiples remaining the same,” said Katz in a note out Monday.free slot machines online

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