2024.07.19
luckyland slots real money(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. That’s after career-ending accusations regarding his alleged inappropriate behavior with female employees came to light. Ten-year yields reside at 1.548 percent at this writing.The Bank of America team ran a screen of S&P 500 members that were helped the most by increasing nominal 10-year yields from 1972 through September 2021, with Las Vegas Sands appearing on the list.Screens are based on a regression of stocks’ monthly excess returns vdoubledown casino vegass. coushatta casino resort phone numberThat’s prompting investors to consider assets that perform well against the backdrop of rising rates. The Wynn Redoubledown casino vegassorts founder and former chairman and CEO has been trying to sell the mansion for more than a year. LVS’s Venetian Macau, seen above. cache creek casino events seminole casino hoursb spot online casinoIt’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. (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. four winds casino meliba etheridgeThe 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 succeSands China runs five integrated resorts in the world’s biggest gaming center. 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. little river casino spa island resort and casino additionoxford casino oxford meThat’s after career-ending accusations regarding his alleged inappropriate behavior with female employees came to light. (Image: Berkshire Hathaway HomeServices)The former Strip tycoon departed his namesake casino firm in 2018. Sands China runs five integrated resorts in the world’s biggest gaming center. Las Vegas Sands (NYSE:LVS) stock fits the bill. But the broader market isn’t being hampered by that scenario this year.As higher readings of the Consumer Price Index (CPI) pertain to gaming equities, including LVS, conventional wisdom is that consumer discretionary — the sector where casino stocks reside — is among the groups most vulnerable to soaring inflation.As the script goes, higher energy costs and reduced purchasing power due to higher prices in general eat away at nonessential consumer spending,” according to Charles Schwab research.Sands might be able to contend with persistent inflation for a simple reason: The CPI is a domestic gauge and the company currently has no operations in the US.(Image: Berkshire Hathaway HomeServices)The former Strip tycoon departed his namesake casino firm in 2018. free online slots casino slot apps that pay real money |