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gold coast casino poker tournaments(Image: Las Vegas Review-Journal)In a note to clients today, the bank upgrades the Caesars Palace operator to “buy” from “neutral,” while paring its rating on Wynn to “neutral” from “buy.” Bank of America is enthusiastic about Caesars’ increasing exposure to the fast-growing iGaming and sports wagering industries.We think CZR can transform (again) into an omni-channel winner, with accelerating online market share. That’s following last week’s news of a local family of four contracting COVID-19, representing the special administrative region’s (SAR) first cases in over 500 days.Bank of America also mentioned geopolitical tensions between the US and China as a potential drag on Wynn stock. (Image: Las Vegas Review-Journal)In a note to clients today, the bank upgrades the Caesars Palace operator to “buy” from “neutral,” while paring its rating on Wynn to “neutral” from “buy.” Bank of America is enthusiastic about Caesars’ increasing exposure to the fast-growing iGaming and sports wagering industries.We think CZR can transform (again) into an omni-channel winner, with accelerating online market share. downstream casino daycareWhile authorities there are reluctant to implement another casino shutdown, the situation is tenuous. Bank of America prefers that operator’s stock to Wynn Resorts. Prior to the coronavirus pandemic, the world’s largest casino center accounted for 70 percent of the operator’s earnings before interest, taxes, depreciation and amortization (EBITDA).Ongoing visa restrictions and lack of a travel bubble with Hong Kong are among the issues weighing on Macau concessionaires, including Wynn. casino 18 and over

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