2025.10.07
chumba casino codes 2021The 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.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.slotocash casino groupBetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.(Image: Getty Images)In a note to clients today, Bain lowered his rating on the Encore operator to “neutral” from “buy,” while trimming his price target treddit big fish casinoo .“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.wild horse pab casino directions viejas casino floor mapgta 5 online gamblingToo much dependence on its home market is a potential drag on MGM stock at a time when Las Vegas is still grappling with the effects of the coronavirus pandemic.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.Raining 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.mgm casino poker roomNo 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.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.That implies downside from the area at which the stock currently resides.roulette casino en anglais kansas star casino covid rulesonline slots real money singaporeThe boat is not taking on water and is safe, he told Casino.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.The boat is not taking on water and is safe, he told Casino.Fontenot told Casino.“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.cliff castle casino games z casino blackhawk |