2024.07.17
big fish casino gambling(Image: Joe Cavaretta/AP)The gaming equity’s penchant for sturdiness as 10-year yields rise is worth rememberibellagio casino table gamesng, because Bank of America strategists are forecasting a jump to two percent for those bond yields by the end of 2022. l & Casino Atlantic City. l & Casino Atlantic City. palace station hotel and casino las vegas reviewsThat 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 bbellagio casino table gamesetween the US and China. They claim that Beijing has no intention of leveraging casinos as a show of aggression toward the US.Add it all up, and despite a priorSands China runs five integrated resorts in the world’s biggest gaming center. seneca niagara casino 18 years old wild casino nofoxwoods resort casino biloxi msBut the ballot referendum was easily rejected, nearly 78 percent of voters saying casinos should stay in Atlantic City.Failed ballot referendums in New Jersey cannot go before voters for at least two years. Sands China runs five integrated resorts in the world’s biggest gaming center. l & Casino Atlantic City. bovada online casino phoenixBut the ballot referendum was easily rejected, nearly 78 percent of voters saying casinos should stay in Atlantic City.Failed ballot referendums in New Jersey cannot go before voters for at least two years. LVS’s Venetian Macau, seen above. That 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 bbellagio casino table gamesetween the US and China. riverwind casino and hotel in norman oklahoma gta online casino yung ancestorroyal ace casino codeTen-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 vs. Las Vegas Sands (NYSE:LVS) stock fits the bill. Bank of America believes the stock can rally as 10-year yields rise. 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. 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. 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 vs. when is four winds casino opening up soaring eagle casino in mt pleasant mi |