2024.07.18
the online gambling law(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. Steve Wynn hasn’t been involved in the US gaming industry for more than three years. That prompted some analysts to say management should unleash a big buyback program to restore shareholder confidence and show investors the stock is undervalued.Inflation Might Not Be a ProblemThe combination of hot inflation and rising interest rates is often toxic for equities. mohegan sun casino ownerSteve Wynn hasn’t been involved in the US gaming industry for more than three years. Bank of America believes the stock can rally as 10-year yields rise. While off the high of 1.67 percent touched last week, ten-year Treasury yields are up 22.68 percent over the past three months. morongo casino dining free casino slot games for fun buffalolucky dragon net casinoLas Vegas Sands (NYSE:LVS) stock fits the bill. (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. The Wynn Reis chukchansi casino pet friendlysorts founder and former chairman and CEO has been trying to sell the mansion for more than a year. 4 deck blackjack(Image: Berkshire Hathaway HomeServices)The former Strip tycoon departed his namesake casino firm in 2018. The now 79-year-old has largely led a private life since, but the billionaire is seeking to unload some of his real estate assets.Wynn hasn’t been nearly as succeThat 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 been hampered by speculation that those companies could be ensnared in the geopolitical tensions between the US and China. online poker youtube raging bull casino free no deposit bonus codeshard rock casino lake tahoe nevadaThe Wynn Reis chukchansi casino pet friendlysorts founder and former chairman and CEO has been trying to sell the mansion for more than a year. But market observers and the operators themselves appear comfortable saying licenses will be renewed.The prevailing wisdom among many in the investment community is that Macau’s gaming industry, while the largest in the world, is of little consequence in the broader scheme of hostilities between the world’s two largest economies. Las Vegas Sands (NYSE:LVS) stock fits the bill. (Image: Berkshire Hathaway HomeServices)The former Strip tycoon departed his namesake casino firm in 2018. Steve Wynn hasn’t been involved in the US gaming industry for more than three years. 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 1.65 percent over the past three months.That’s likely a symptom of a sluggish recovery in Macau – the company’s largest market. draftkings casino queen illinois is desert diamond casino open 24 hours |