seven feathers casino grants pab oregonWe 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.The bank anoints Wynn stock as its new favored cyclical idea.Electoral 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.mgm casino stand for”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 vWynn Resorts (NASDAQ:WYNN) is starting November on a strong note.”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 vbc slots brian christopher

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roulette wheel at casinoAs 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 US and China, would at least help mitigate the extreme bear case that WYNN’s concession would not be renewed,” the analyst said.harrah s casino fort lauderdale60 a share to Golden equity, says Bain.That, coupled with President Trump’s heavy-handed approach to relations with China, are among the factors weighing on Wynn stock this year.He said there’s also potential with the company’s small, but growing, sports wagering operation.mgm grand casino biloxi mibibippi

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valley forge casino entrance fee”Confirming that the stock is perhaps grossly undervalued, the Roth Capital analyst estimates the value of Golden’s Las Vegas real estate at .the US and China, would at least help mitigate the extreme bear case that WYNN’s concession would not be renewed,” the analyst said.That would add .Over the near-term, however, there’s a lot riding on the outcome of Tuesday’s US election.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.Electoral 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.jamul casino promotions