black bear casino gambling ageThat, coupled with President Trump’s heavy-handed approach to relations with China, are among the factors weighing on Wynn stock this year.We 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 Wynn Macau integrated resort.holland casino online poker rakeBut Bain lays out a case as to why that should change.”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.5 dragons free slots

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turtle lake casino michiganBut Bain lays out a case as to why that should change.“We believe a Biden victory, while not completely resolving the tenuous trade relations btw.“Adding to its Strip revenue from local play, revenue generation from locals would be ~85 percent of the total.top 3 online blackjack casino“Adding to its Strip revenue from local play, revenue generation from locals would be ~85 percent of the total.the US and China, would at least help mitigate the extreme bear case that WYNN’s concession would not be renewed,” the analyst said.“Adding to its Strip revenue from local play, revenue generation from locals would be ~85 percent of the total.seneca niagara casino bring your own bet

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casino table games best oddsThe Wynn Macau integrated resort.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.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.The bank anoints Wynn stock as its new favored cyclical idea. by mid-to-upscale millennials, slot routes, and local casino play,” said Bain.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.free online slots that pay real money