2024.07.18
live casino kenoSteve Wynn hasn’t been involved in the US gaming industry for more than three years. That’s prompting investors to consider assets that perform well against the backdrop of rising rates. 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. betrivers casino sportsbookTen-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. Steve Wynn hasn’t been involved in the US gaming industry for more than three years. 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 succeno deposit bonus codes for wild vegas casino lake tahoe casinos news0 roulette casino gainHowever, now the man worth an estimated .3 billion is seeking to permanently uproot his Sin City footing. Las Vegas Sands (NYSE:LVS) stock fits the bill. The Summerlin estate owned by Steve Wynn is seen with the Las Vegas Strip in the background. blackjack casino etiquetteHowever, now the man worth an estimated .3 billion is seeking to permanently uproot his Sin City footing. However, now the man worth an estimated .3 billion is seeking to permanently uproot his Sin City footing. LVS’s Venetian Macau, seen above. no deposit bonus code for casino 765 kansas star casino woodfire grillchoctaw casino kingston okThe 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 succeBank 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. monthly changes in the nominal 10-year yields, including only those stocks with beta (slope) that is statistically significant at the 5 percent level, and who have at least 10 years of monthly returns,” according to the bank.LVS stock, which is rated “neutral” by Bank of America, has a nominal interest rate beta of 14.2, good for the fifth spot on the list. They claim that Beijing has no intention of leveraging casinos as a show of aggredoubledown casino vegasssion toward the US.Add it all up, and despite a prior spike in Treasury yields that lasted well into the second quarter, LVS stock is lower by 32.38 percent year-to-date. Bank of America believes the stock can rally as 10-year yields rise. red stag casino no deposit bonus lucky creek casino free spins no deposit |