2025.09.18
viejas casino drifting(Image: Seth Wenig/AP)The MGM Resorts property in the Marina District is the last Atlantic City casino to welcome back guests.However, Macau is by far Wynn’s most important market, generating two-thirds or more of the company’s revenue and earnings before interest, taxes, depreciation and amortizations (EBITDA) in any given quarter.In a note to clients today, Union Gaming analyst John DeCree raised his rating on Wynn to “buy” from “hold,” while noting the Encore operator is positioned to lead a recovery in Macau gaming equities.scarlet pearl casino picturesIt might be some time until additional businesses and/or activities are allowed to resume.Analysts are mostly bullish on the name, with 13 of the 20 covering the stock rating it the equivalent of “buy” or “stroblack oak casino loginng buy.It might be some time until additional businesses and/or activities are allowed to resume.hotels near soaring eagle casino with jacuzzi in room u casino free chipsturtle lake casino pool tournament(Image: Seth Wenig/AP)The MGM Resorts property in the Marina District is the last Atlantic City casino to welcome back guests.The stock trades near at this writing.Wynn Palace, seen here, operator is poised to lead a recovery in Macau equities, says Union Gaming analyst John DeCree.draftkings hollywood casinoThe Guangdong healthcare seclusion policy ends on Wednesday morning.After 132 days of being closed, Borgata will reopen to the general public on July 26.My guess is we’re going to be here a bit.free keno slot games harrah s casino san diego californiacoushatta casino near me”Wynn is one of the Macau operators more levered to VIP trends, whereas rival Las Vegas Sands (NYSE:LVS) is more dependent on the mass and premium mass market demographics.More Work to Be DoneGuangdong relaxing its travel controls with Macau is undoubtedly a step in the right direction for concessionaires because the province is the largest feeder market for the gaming hub.We expect the initial recovery will be in the premium mass and VIP segments, and anticipate a flight to asset quality for both investors and consumers,” said DeCree.“While alleviating border restrictions in Guangdong is a solid first step, we’ll look forward to more good news, hopefully later this summer, on reinstating IVS and green health code reciprocity with Hong Kong,” said DeCree.Recently, plans for a travel bubble between Guangdong, Hong Kong, and Macau fell apart because of a resurgence of coronavirus cases in Hong Kong.But there’s still work to be done.blackjack online play for free twin river casino online betting |