island view casino tier points“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.BetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.“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.poker casino royale bondToo 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.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.“To be clear, we believe IAC ownership is a positive for MGM.hard rock casino 4th of july

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scarlet pearl casino hotel rooms“We believe certain operators are structurally better po”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.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.kansas star casino entertainment“We believe certain operators are structurally better po”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. in the Lake Charles area were damaged in the Category 4 hurricane.telephone number for seneca niagara casino

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pechanga casino near meBut its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.“We believe certain operators are structurally better po“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.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.“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.sycuan casino day pab