brian christopher slots 1 day agoHe added that gross gaming revenue (GGR) there this year will reach just 53 percent of 2019 levels.Still Some SupportEntering 2021, the Wynn Macau analiante casino bowling alleyd Wynn Palace operator is one of Wall Street’s preferred names for tapping into a resurgence. But Wynn Resorts (NASDAQ:WYNN) is enduring that fate today at the hands of Citi. However, Choi points to travel restrictions remaining in place for much of the first half of 2021 as potentially dampening the special administrative region’s (SAR) rebound effort. online gambling quotesThe Citi analyst also lowered his grade on MGM Resorts International (NYSE:MGM) to “neutral” from “buy.” But he did lift his price target on the Mirage operator to from . But recovery timelines for those venues are murkier, owing to a recent spike in coronavirus cases across the US.MGM, TooWynn isn’t the only gaming equity drawing Choi’s wrath today. But Wynn Resorts (NASDAQ:WYNN) is enduring that fate today at the hands of Citi. big fish casino blackjack

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casino table games dealer resumePedestrian traffic is nonexistent in the area, as it sits between I-76 and I-95 highways.Live! Casino Philadelphia will need live sports, with fans, to resume as soon as possible to keep the property busy. But Wynn Resorts (NASDAQ:WYNN) is enduring that fate today at the hands of Citi. But recovery timelines for those venues are murkier, owing to a recent spike in coronavirus cases across the US.MGM, TooWynn isn’t the only gaming equity drawing Choi’s wrath today. river spirit casino nellyThe omnibus also did not encourage state gaming regulators to consider a third integrated resort casino.(Image: John Locher/AP)In a note to clients today, Citi analyst George Choi pared his rating on the Encore operator to “sell” from “buy.” This is a double downgrade because it skipped over a “neutral” grade. s betting has helped, but not enough to offset land-based losses.Despite the hardships, Cordish is pushing on with its investments in the Keystone State.There was never a thought of pulling back,” explained Billhimer. cool cat casino usa

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free online poker machines aristocratIt’s been a while since Wall Street analysts tagged casino stocks with “sell” ratings. That’s about below where the shares currently trade.With its Macau subsidiary’s high exposure to VIPs, it’s hard to justify the 12.4x 2-year forward enterprise value/earnings before interest, taxes, depreciation and amortization (EBITDA) multiple that it’s currently trading at,” said Choi.The analyst is positive on Macau’s recovery trajectory, which is integral to the Wynn equity thesis because the Chinese territory is the operator’s largest market. (Image: John Locher/AP)In a note to clients today, Citi analyst George Choi pared his rating on the Encore operator to “sell” from “buy.” This is a double downgrade because it skipped over a “neutral” grade. This confirmed that Choi’s “sell” call on the name is a departure from consensus.Prior to that rating being revealed today, eight analysts had bullish or very bullish grades on Wynn stock, while another eight rated the name “neutral.” Choi’s price target is nearly below the consensus of 5.93.Analysts constructive on the stock highlight break-even EBITDA at the two Macau integrated resorts in October and November while noting Wynn, usually viewed through the VIP lens, can benefit from increased traffic among mass and premium mass players.In the US, the company runs its namesake integrated resort and Encore on the Las Vegas Strip, and Encore Boston Harbor. That’s about below where the shares currently trade.With its Macau subsidiary’s high exposure to VIPs, it’s hard to justify the 12.4x 2-year forward enterprise value/earnings before interest, taxes, depreciation and amortization (EBITDA) multiple that it’s currently trading at,” said Choi.The analyst is positive on Macau’s recovery trajectory, which is integral to the Wynn equity thesis because the Chinese territory is the operator’s largest market. The dining and entertainment center is located on the former site of the Spectrum arena, which was demolished over six months from 2010-2011.Live! Needs Live SportsThe Stadium District is located south of downtown Philly next to the Navy Yard. borgata casino live music