black lotus casino tournamentBut 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.Now, MGM has .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.blackjack casino philippinesFontenot told Casino.(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 stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.no deposit bonus casino europe

santa ana casino in albuquerque

sunset station casino regal cinemaAn analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.”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.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.river spirit casino non smokingThe 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.An analyst is concerned about the operator’s exposure to its home city.MGM Grand on the Las Vegas Strip.roulette at a casino

seneca niagara casino minimum age

morongo casino winnersThe stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.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.That’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.However, the riverboat was not structurally damaged and is back in operation as a floating casino.3 card poker online casino