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best free slot machines appBut its land-based difficulties trump its digital opportunities by a wide margin,” said 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.Soft air travel, group/event compreddit big fish casinoression, low pricing power and high fixed costs, including rent payments,” are among the issues highlighted by Bain.concerts at the island resort and casinoBut its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.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.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.give me double down casino

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mychoice casino login“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.“To be clear, we believe IAC ownership is a positive for MGM.”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.The stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.BetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.fanduel casino in michigan