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hey there
yes, a hyphen has an affect.. but the typical question is "is it negative or positive". just look at it this way, SE's build indexes of webpages using (keywords, titles, meta info, etc)..
so depending on the characters used, the keywords, etc. in a domain, sure it will have some weight in the overall indexing process, but DO NOT worry on it.
i did a search for "escorts" and on the first page were 2-3 websites with hyphens in the domain name. so, just from that simple search you can see that a hyphen won't prevent you from placing well, it's waaaaaaay waaaaay much more than that. it's just a small piece of the big puzzle.
peace
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