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harrah s casino shreveportThat helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.“We believe certain operators are structurally better pokansas star casino birthday promotions”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.That’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.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.sunset station casino map roulette casino kolnhollywood casino 777 hollywood blvdAn analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.Shares of Wynn Resorts (NASDAQ:WYNN) are lower by more than two percent Wednesday after Roth Capital analyst David Bain downgraded the gaming operator, citing, among other factors, risk in the marquee Macau market.little river casino seafood buffetThat’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.MGM Grand on the Las Vegas Strip.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.resorts world casino kiamesha lake kansas star casino event centerwhen is angel of the winds casino going to reopen“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 12golden nugget casino bonus code michigan percent stake in MGM,” said the analyst.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.(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.MGM is the largest operator on the Strip, deriving half its 2019 earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) from that market, according to Bain.Soft air travel, group/event compgolden nugget casino bonus code michiganression, low pricing power and high fixed costs, including rent payments,” are among the issues highlighted by Bain.coolcat casino redeem code casino online uk |