online casino sweepstakes”Prior to Allen’s call, the last two analyst rating actions on Wynn stock were downgrades.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.The Wynn Macau integrated resort.free coins jackpot party casino slots“We believe a Biden victory, while not completely resolving the tenuous trade relations btw.The bank anoints Wynn stock as its new favored cyclical idea.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.roulette casino royale apk

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pechanga casino arenaElectoral 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.Bull Case for the PatientMorgan Stanley analyst Thomas Allen lays out a bull case for Wynn stock.But Bain lays out a case as to why that should change.gold spike hotel and casino“Adding to its Strip revenue from local play, revenue generation from locals would be ~85 percent of the total.Morgan Stanley upgraded the stock today, sparking a rally.Bull Case for the PatientMorgan Stanley analyst Thomas Allen lays out a bull case for Wynn stock.cache creek casino net worth

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treasure island resort and casino vegasHe notes it’s possible the stock could climb to 5, more than double current levels if 2022 EBITDA comes in at or tops .“Adding to its Strip revenue from local play, revenue generation from locals would be ~85 percent of the total. by mid-to-upscale millennials, slot routes, and local casino play,” said Bain.It’s rallying on the back of an upgrade by Morgan Stanley.”Prior to Allen’s call, the last two analyst rating actions on Wynn stock were downgrades.(Image: Bloomberg)The bank raised its rating on shares of the Encore opmgm casino 10kerator 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.bovada or ignition casino