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hollywood casino hotel raceway bangorThe 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.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.“We believe certain operators are structurally better poborgata casino app paShares 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 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.BetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.online casino no deposit bonus no max cash out

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hard rock hotel and casino south lake tahoe“We believe certain operators are structurally better poThat’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.“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.org.The stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.island resort and casino human resources