2024.07.17
sunset station casino newsWhile off the high of 1.67 percent touched last week, ten-year Treasury yields are up 22.68 percent over the past three months. That’s after career-ending accusations regarding his alleged inappropriate behavior with female employees came to light. 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. soaring eagle casino daycareThat 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. The 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.rollex slot casino the wynn las vegas promo coderiverwind casino loungeLVS’s Venetian Macau, seen above. Sands China runs five integrated resorts in the world’s biggest gaming center. That’s prompting investors to consider assets that perform well against the backdrop of rising rates. how to play real money slots onlineSands China runs five integrated resorts in the world’s biggest gaming center. The Wynn Redoubledown casino vegassorts founder and former chairman and CEO has been trying to sell the mansion for more than a year. (Image: Berkshire Hathaway HomeServices)The former Strip tycoon departed his namesake casino firm in 2018. royal ace casino 100 no deposit bonus codes free slots real rewardsnearest casino around meLas Vegas Sands (NYSE:LVS) stock fits the bill. 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. 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.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. The Wynn Redoubledown casino vegassorts founder and former chairman and CEO has been trying to sell the mansion for more than a year. However, now the man worth an estimated .3 billion is seeking to permanently uproot his Sin City footing. drake casino no deposit bonus codes 2021 turtle lake casino shuttle bus schedule |