slot machine casino locationsNow, MGM has .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 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.directions to sunset station casinoMGM Grand on the Las Vegas Strip.Robert Fontenot of the Louisiana State Police.(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.how to play the roulette wheel

firekeepers casino 400

miami club casino bonus codes 2020An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.That’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.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.brian christopher slots. com”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.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 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.choctaw casino mibibippi

live casino 2020

island resort and casino stay and playThat implies downside from the area at which the stock currently resides.The stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.“We believe certain operators are structurally better poIt’s been a week of downgrades for MGM Resorts International (NYSE:MGM).But Bain argues Diller’s company may have paid too much for the privilege.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.free online poker no sign up