doubledown casino million chip codesNo 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.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.The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.chumba casino 12 days of christmas in the Lake Charles area were damaged in the Category 4 hurricane.“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 12oxford casino games percent stake in MGM,” said the analyst.org.running aces casino in minnesota

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queen mary 2 casino poker(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.“We believe certain operators are structurally better poThe 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.table mountain casino poker tournamentsThat helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.org the Isle of Capri’s motor system will require repair work because of the incident. in the Lake Charles area were damaged in the Category 4 hurricane.gold coast casino free parking

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live casino 888Raining on the ParadeIAC getting involved with MGM is much more about the gaming company’s online casinos and BetMGM units than it is about land-based integrated resorts.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.An 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.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.online casino 888 free