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usd raging bull casinoLVS’s Venetian Macau, seen above. Steve Wynn hasn’t been involved in the US gaming industry for more than three years. Bank of America believes the stock can rally as 10-year yields rise. chukchansi casino websiteThe town currently has nine casinos operating.“One hundred percent, the market is large enough,” Allen said of building in NYC and North Jersey.As for now, there are no active campaigns to ask New Jerseyans again if they wish to allow casinos outside of Atlantic City.LVS’s Venetian Macau, seen above. 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. santa ana star casino winners island view casino twitterblackjack online casino worldThat’s prompting investors to consider assets that perform well against the backdrop of rising rates. That’s after career-ending accusations regarding his alleged inappropriate behavior with female employees came to light. 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 succetwin river casino is openHowever, now the man worth an estimated .3 billion is seeking to permanently uproot his Sin City footing. 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. 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. maroon 5 hollywood casino resorts casino promo codedesert diamond casino tucson azIt’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. 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 aggreisland view casino entertainment schedulession 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. (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. Steve Wynn hasn’t been involved in the US gaming industry for more than three years. (Image: Berkshire Hathaway HomeServices)The former Strip tycoon departed his namesake casino firm in 2018. clearwater casino hr number choctaw casino poker tournaments |