harrah s cherokee casino concerts 2020An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.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.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.mountaineer casino ownerBain added that Wynn has less exposure to the Cotai Strip than rivals Las Vegas Sands (NYSE:LVS) and Melco Resorts & Entertainment (NASDAQ:MLCO), a relevant point because border expansions and new capacity could drive traffic to that area of Macau.”Risks mentioned by the Roth analyst include ongoing geopolitical volatility between the US and China, and concession renewal risk for US operators in Macau, among others.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.roulette table at casino

play slots for real money usa

mountaineer casino mahoganyBut Bain argues Diller’s company may have paid too much for the privilegroyal ace casino free spins no deposite.“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 12 percent stake in MGM,” said the analyst.“We believe certain operators are structurally better positioned from the more visible, long-term dynamic Macau royal ace casino free spins no depositgaming market than Wynn.poker online free casino worldBut Bain argues Diller’s company may have paid too much for the privilegroyal ace casino free spins no deposite.Only recently have there been most signs of a pickup in visits.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.golden nugget hotel casino reno nv

free slot machines video

seneca niagara casino imagesOnly recently have there been most signs of a pickup in visits.But Bain argues Diller’s company may have paid too much for the privilegroyal ace casino free spins no deposite.“We believe certain operators are structurally better positioned from the more visible, long-term dynamic Macau royal ace casino free spins no depositgaming market than Wynn.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.Now, MGM has .But Bain sees risks by way of a lack of liquidity among high-end players, new room supply coming to market, and a dearth of Hong Kong dollars flowing into the gaming hub because travel remains limited between the two SARs.brian christopher slots biggest win