clearwater casino hr numberThat’s prompting investors to consider assets that perform well against the backdrop of rising rates. 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. (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. online slots real money usa reviewsTen-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 vturtle lake casino showss. 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. LVS’s Venetian Macau, seen above. aliante casino floor plan

firekeepers casino hotel rates

d casino las vegas restaurantsg exec said the large population in the metro area — approximately 20 million people, the largest in the US — would allow several resorts to be profitable.How many casinos do you have lined up here?” Allen asked while being interviewed by the AP in Atlantic City. 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 succeIt’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. morongo casino palm springsBut his surname will likely forever be synonymous with Las Vegas. 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.Bank of America believes the stock can rally as 10-year yields rise. free online slots no download no registration 888

ruby slots mama bonus

clearwater casino concerts 2020But his surname will likely forever be synonymous with Las Vegas. Steve Wynn hasn’t been involved in the US gaming industry for more than three years. Las Vegas Sands (NYSE:LVS) stock fits the bill. Steve Wynn hasn’t been involved in the US gaming industry for more than three years. (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. They claim that Beijing has no intention of leveraging casinos as a show of aggreturtle lake casino showsssion 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. online casino mibouri