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tachi palace casino news“We believe a Biden victory, while not completely resolving the tenuous trade relations btw.the US and China, would at least help mitigate the extreme bear case that WYNN’s concession would not be renewed,” the analyst said.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.”Prior to Allen’s call, the last two analyst rating actions on Wynn stock were downgrades.”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 vOver the near-term, however, there’s a lot riding on the outcome of Tuesday’s US election.brian christopher slots live