t casino no deposit bonus“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.(Image: Getty Images)In a note to clients today, Bain lowered his rating on the Encore operator to “neutral” from “buy,” while trimming his price target toxford casino gameso . in the Lake Charles area were damaged in the Category 4 hurricane.mgm casino job openingsBut Bain argues Diller’s company may have paid too much for the privilege.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.Fontenot told Casino.best online casino no deposit bonus 2021

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black oak casino check in timeBut its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.Fontenot told Casino.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.sycuan casino msptAn analyst is concerned about the operator’s exposure to its home city.Soft air travel, group/event compoxford casino gamesression, low pricing power and high fixed costs, including rent payments,” are among the issues highlighted by Bain.No Real Estate, More VolatilityLast year, MGM sold Bellagio and Circus Circus, and the real estate liquidation theme continued into January, as the operator parted with MGM Grand and Mandalay Bay on the Strip.four winds casino in new buffalo

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doubleu free slotsThe stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.”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.The boat is not taking on water and is safe, he told Casino.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.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.south lake tahoe casinos