2024.07.19
harrah s casino omaha nebraskaBank of America believes the stock can rally as 10-year yields rise. 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. The Summerlin estate owned by Steve Wynn is seen with the Las Vegas Strip in the background. hard rock casino rockford t shirtsg 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. However, now the man worth an estimated .3 billion is seeking to permanently uproot his Sin City footing. 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. santa ana star casino fireworks 2 casino bonusriversweeps online casino add moneyLVS’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. Las Vegas Sands (NYSE:LVS) stock fits the bill. casino extreme magazineBut 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. Sands China runs five integrated resorts in the world’s biggest gaming center. That’s after career-ending accusations regarding his alleged inappropriate behavior with female employees came to light. borgata casino online gambling lake tahoe casino parkingthunder valley casino thunder strike(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. That makes it vulnerable to recent speculation that authorities there are looking to implement tighter controls over the casino industry.Shares of US-based Macau operators, including Sands, have also been hampered by speculation that those companies could be ensnared in the geopolitical tensions between the US and China. 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. 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. Bank of America believes the stock can rally as 10-year yields rise. (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. free online poker money no deposit miami club casino 100 no deposit bonus |