twin river casino bingoBut Bain is concerned that the lack of real estate levers to pull means the operator is too levered to Las Vegas, and investors may be overlooking that risk.But Bain argues Diller’s company may have paid too much for the privilege.That implies downside from the area at which the stock currently resides.admiral casino turnpike lane”With convention traffic all but non-existent and leisure travelers from other regions unwilling to fly to Nevada, the Roth analyst points to Sin City’s dependence on the Golden State as a major near-term vulnerability because California’s own economy is struggling and is home to steep unemployment, owing to the COVID-19 pandemic.The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.“The cyclical, competitive, capital-intensive nature of the Strip combines with a basket of well-known macro/specific travel and Las Vegas negatives, seemingly dismissed by investors since IAC took a 12jamul casino buffet price percent stake in MGM,” said the analyst.wynn casino las vegas buffet price

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cache creek casino human resources in the Lake Charles area were damaged in the Category 4 hurricane.“To be clear, we believe IAC ownership is a positive for MGM. in the Lake Charles area were damaged in the Category 4 hurricane.casino chinook windsAn analyst is concerned about the operator’s exposure to its home city.However, the riverboat was not structurally damaged and is back in operation as a floating casino.“We believe certain operators are structurally better pofour winds casino gift card

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online slots real money oregonThat implies downside from the area at which the stock currently resides.org the Isle of Capri’s motor system will require repair work because of the incident.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.That implies downside from the area at which the stock currently resides.(Image: Ethan Miller/Getty Images)In a note to clients today, Roth Capital analyst David Bain lowered his rating on the Bellagio operator to “neutral” from “buy,” while paring his price forecast on the stock to , implying significant downside from the area at which it currently trades.“While structural elements for visitation improvements are advancing, we believe a VIP-led recovery will be less broad-based than many anticipate and carry specific risks,” said Bain.running aces directions