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golden nugget casino and hotelWynn Palace, seen here, operator is poised to lead a recovery in Macau equities, says Union Gaming analyst John DeCree. Borgata will hold an invitation-only “soft opening” beginning July 23, and welcome the general pubNew Jersey Gov. brian christopher slots nationalityThe stock trades near at this writing.“If we cannot provide that level of hospitality, we feel it’s best that we remain closed until such time that the governor lets us know it is safe to offer food and beverage.”But with Murphy in no rush to resume indoor dining and drinking, Borgata is apparently moving forward with reopening Atlantic City’s top gaming revenue property. After 132 days of being closed, Borgata will reopen to the general public on July 26. island resort and casino reviews bellagio casino water show times4 casino resorts in texasBorgata will finally open back up in Atlantic City later this month, 24 days after other casinos did, including Hard Rock (pictured). (Image: Seth Wenig/AP)The MGM Resorts property in the Marina District is the last Atlantic City casino to welcome back guests. Phil Murphy (D) ordered the gaming venues to temporarily suspend their operations on March 16, but lifted the directive effective July 2.Borgata opted to remain dark after Murphy abruptly changed his mind regarding indoor dining. firekeepers casino new hotelBut the stock is down 9.44 percent over the past month, as marksam s town casino hotel tunica mibibippiet participants fret that a spike in COVID-19 cases in the US will keep gamblers and tourists away from the operators two Las Vegas Venues — Wynn and Encore. The operator’s other US property, Encore Boston Harbor, reopened a few days ago.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.Analysts are mostly bullish on the name, with 13 of the 20 covering the stock rating it the equivalent of “buy” or “strong buy.” The consensus sell-side price target on Wynn is around . (Image: CNBC)Shares of the Wynn Macau and the Wynn Palace operator are trading lower Tuesday. brian christopher slots strategy poker casino downtowncache creek casino near meWynn Palace, seen here, operator is poised to lead a recovery in Macau equities, says Union Gaming analyst John DeCree. The stock trades near at this writing.Wynn Resorts (NASDAQ:WYNN) is primed to benefit as Macau’s gaming sector rebounds, particularly given the increased likelihood that the recovery will be hastened by higher-end gamblers, notes an analyst. Wynn Resorts (NASDAQ:WYNN) is primed to benefit as Macau’s gaming sector rebounds, particularly given the increased likelihood that the recovery will be hastened by higher-end gamblers, notes an analyst. (Image: Seth Wenig/AP)The MGM Resorts property in the Marina District is the last Atlantic City casino to welcome back guests. New Jersey Gov. riverwind casino pool free slot games jackpot mania |