2024.07.17
mohegan sun casino logoWhile off the high of 1.67 percent touched last week, ten-year Treasury yields are up 22.68 percent over the past three months. Ten-year yields reside at 1.548 percent at this writing.The Bank of America team ran a screen of S&P 500 members that were helped the most by increasing nominal 10-year yields from 1972 through September 2021, with Las Vegas Sands appearing on the list.Screens are based on a regression of stocks’ monthly excess returns vs. But the state-mandated a 10-year moratorium on the downstate developments in order to give the upstate casinos time to establish their customer bases. caesars casino restaurants las vegasIt’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. 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 bblackjack online gamblingetween the US and China. 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.coolcat online casino no deposit codes mohegan sun casino pennsylvaniaharveys lake tahoe casino gamesThey claim that Beijing has no intention of leveraging casinos as a show of aggression toward the US.Add it all up, and despite a priorLVS’s Venetian Macau, seen above. monthly changes in the nominal 10-year yields, including only those stocks with beta (slope) that is statistically significant at the 5 percent level, and who have at least 10 years of monthly returns,” according to the bank.LVS stock, which is rated “neutral” by Bank of America, has a nominal interest rate beta of 14.2, good for the fifth spot on the list. winstar world casino w2gBut 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. 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 bblackjack online gamblingetween the US and China. But the ballot referendum was easily rejected, nearly 78 percent of voters saying casinos should stay in Atlantic City.Failed ballot referendums in New Jersey cannot go before voters for at least two years. mgm grand online casino bonus codes online gambling georgianew black hawk casinoBank of America believes the stock can rally as 10-year yields rise. 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. 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. They claim that Beijing has no intention of leveraging casinos as a show of aggression toward the US.Add it all up, and despite a priorBut 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. used casino poker table download rsweeps apk |