2025.10.11
blackjack online verbotenRobert Fontenot of the Louisiana State Police.Too much dependence on its home market is a potential drag on MGM stock at a time when Las Vegas is still grappling with the effects of the coronavirus pandemic.The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.sunset station casino breakfast buffet(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.The analyst points out that a VIP-led recovery in Macau may not materialize to the extent market observers previously believed, and that could weigh on Wynn equity.org.table games casino calgary is bicycle casino open todayis the jackson rancheria casino openThe stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.But 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.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.tropicana laughlin hotel and casino buffetBetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.MGM Grand on the Las Vegas Strip.Too much dependence on its home market is a potential drag on MGM stock at a time when Las Vegas is still grappling with the effects of the coronavirus pandemic.desert diamond casino live roulette blackjack not casinoroyal ace casino reviewsRaining on the ParadeIAC getting involved with MGM is much more about the gaming company’s online casinos and BetMGM units than it is about land-based integrated resorts.The Wynn Macau is pictured above.That’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.Soft air travel, group/event comproulette casino onlineression, low pricing power and high fixed costs, including rent payments,” are among the issues highlighted by Bain.The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.MGM Grand on the Las Vegas Strip.admiral casino thornton heath thunder valley casino mibing woman |