island resort and casino online gaming(Image: Press of Atlanticvegas x casino no deposit bonus City)The credit agency lowered its CRDA rating from BBB+ to BBB.Shares of the Encore Boston Harbor operator are lower by almost 48 percent year-to-date but are up more than three percent with the help of the Morgan Stanley upgrade.Additionally, as one of six license holders in Maryland, the company is likely to benefit from what’s expected to be easy approval of sports wagering there on Election Day.the resorts casino atlantic cityThat would add .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.Shares of Golden are down 33 percent year-to-date, but higher by 286.seven feathers casino news

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seminole casino foodElectoral 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.That’s worth at least .That’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.free casino slot games for fun offline”Prior to Allen’s call, the last two analyst rating actions on Wynn stock were downgrades.BBB ratings indicate a low default risk, but “adverse business or economic conditions are more likely to impair this capacity.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.free slots land

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free sweeps coins chumba casinoBut Bain lays out a case as to why that should change.The bank anoints Wynn stock as its new favored cyclical idea.(Image: Bloomberg)The bank raised its rating on shares of the Encore opvegas x casino no deposit bonuserator to “overweight” from “equal-weight,” while lifting its price target on the name to from , implying upside of 29 percent from last Friday’s close.Bull Case for the PatientMorgan Stanley analyst Thomas Allen lays out a bull case for Wynn stock.That’s because hvegas x casino no deposit bonusis administration will likely take a softer tone toward geopolitical relations with the world’s second-largest economy.(Image: Bloomberg)The bank raised its rating on shares of the Encore opvegas x casino no deposit bonuserator to “overweight” from “equal-weight,” while lifting its price target on the name to from , implying upside of 29 percent from last Friday’s close.lake tahoe with casino