2024.07.18
oxford casino facebookThe Summerlin estate owned by Steve Wynn is seen with the Las Vegas Strip in the background. But his surname will likely forever be synonymous with Las Vegas. 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. black oak casino willow creek loungeThat’s after career-ending accusations regarding his alleged inappropriate behavior with female employees came to light. The Wynn Returtle lake casino showssorts founder and former chairman and CEO has been trying to sell the mansion for more than a year. (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. seminole casino hotel casino grade poker tablechumba casino apkThe Summerlin estate owned by Steve Wynn is seen with the Las Vegas Strip in the background. Las Vegas Sands (NYSE:LVS) stock fits the bill. (Image: Berkshire Hathaway HomeServices)The former Strip tycoon departed his namesake casino firm in 2018. south lake tahoe casinos with arcadesg 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 succe(Image: Berkshire Hathaway HomeServices)The former Strip tycoon departed his namesake casino firm in 2018. jackson rancheria casino news sycuan casino and resorttropicana in laughlin nevadaHowever, now the man worth an estimated .3 billion is seeking to permanently uproot his Sin City footing. That’s prompting investors to consider assets that perform well against the backdrop of rising rates. Las Vegas Sands (NYSE:LVS) stock fits the bill. 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. 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. Bank of America believes the stock can rally as 10-year yields rise. four winds casino hotel rates hard rock casino jobs |