Hard Rock Casino Rewards ferendum was easily rejected, nearly 78 percent of voters saying casinos should stay in Atlantic City. Failed ballot referendums in New Jersey cannot go before voters for at least two years. cool cat casino authorization form Gural said after the futile effort that patience is key to bringing his Meadowlands a casino. chinook winds casino daycare “I’d rather wait six years until New York is either open or getting ready to open, at which point I think voters will say, ‘Wait a second, what are these Atlantic City people arguing? casino zurich slot machine '”New York’s 2013 gaming expansion called for four commercial casinos upstate, plus three gaming licenses earmarked for NYC. But the state-mandated a 10-year moratorium on the downstate developments in order to give the upstate casinos time to establish their customer bases. Lucky Tiger Online Casino Review Nobm 2023 is quickly approaching, and New York recently issued a request for information to casino ops that are interested in the forthcoming market.

Allen explained that the company will respond to New York’s request before its December 10 deadline. Market Supports Multiple PropertiesAs for pursuing New York City while still engaged in its Meadowlands pact, Allen said Hard Rock would be capable of owning and operating two large casinos in the Big Apple and across the Hudson River in North Jersey. live casino discount code The gaming exec said the large population in the metro area — approximately 20 million people, the largest in the US — would allow several resorts to be profitable. Little River Casino Hotel Rates Pevy Switzerland How many casinos do you have lined up here? online blackjack casino usa Fanduel Casino Queen Oaxh ” Allen asked whilebrian christopher slots youtube channel being interviewed by the AP in Atlantic City. slotlady slots The town currently has nine casinos operating. “One hundred percent, the market is large enough,” Allen said of building in NYC and North Jersey.

Key Insights and Expert Analysis

As for now, there are no active campaigns to ask New Jerseyans again if they wish to allow casinos outside of Atlantic City. While off the high of 1. island resort and casino covid restrictions 67 percent touched last week, ten-year Treasury yields are up 22. 68 percent over the past three months. That’s prompting investors to consider assets that perform well against the backdrop of rising rates. Las Vegas Sands (NYSE:LVS) stock fits the bill. LVS’s Venetian Macau, seen above.

Bank of America believes the stock can rally as 10-year yields rise. chukchansi casino bus (Image: Joe Cavaretta/AP)The gaming equity’s penchant for sturdiness as 10-year yields rise is worth remembering, because Bank of America strategists are forecasting a jump to two percent for those bond yields by the end of 2022. doubledown casino odds Ten-year yields reside at 1. luckyland casino free chips 548 percent at this writing. restaurants in jackson rancheria casino The Bank of America team ran a screen of S&P 500 members that were helped the most by increasing nominal 10-year yields from 1972 through September 2021, with Las Vegas Sands appearing on the list. free online poker simulator gold coast casino free parking Screens are based on a regression of stocks’ monthly excess returns vs. monthly changes in the nominal 10-year yields, including only those stocks with beta (slope) that is statistically significant at the 5 percent level, and who have at least 10 years of monthly returns,” accordinbrian christopher slots youtube channelg to the bank. Sycuan Casino Zip Code Xbmu

LVS stock, which is rated “neutral” by Bank of America, has a nominal interest rate beta of 14. gta online casino yung ancestor 2, good for the fifth spot on the list. It’s the only gaming equity in the group. Waiting on LVS Stock to BenefitAmid the recent spike in 10-year yields, LVS isn’t proving too responsive, gaining just 1. red stag casino mobile login chinook winds casino facebook 65 percent over the past three months. That’s likely a symptom of a sluggish recovery in Macau – the company’s largest market. Sands China runs five integrated resorts in the world’s biggest gaming center.

That makes it vulnerable to recent speculation that authorities there are looking to implement tighter controls over the casino industry. Shares of US-based Macau operators, including Sands, have also