2025.09.15
cliff castle casino bus schedule(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.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.That implies downside from the area at which the stock currently resides.turtle creek casino promotionsorg the Isle of Capri’s motor system will require repair work because of the incident.“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.These casinos were closed temporarily but have since reopened, according to Lt.palace station resort and casino coolcat casino bonuscliff castle casino non smokingThe stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.The Wynn Macau is pictured above.“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.desert diamond casino monsoon nightclubBetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.“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.Additionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.slot machine casino for sale online casino virginiagta v online casino glitchNow, MGM has .Soft air travel, group/event compjamul casino buffet priceression, low pricing power and high fixed costs, including rent payments,” are among the issues highlighted by Bain.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.The stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.However, the riverboat was not structurally damaged and is back in operation as a floating casino.The boat is not taking on water and is safe, he told Casino.encore casino valet parking turtle creek casino near me |