2025.11.09
brian christopher slots wifeBut its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.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.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.luckyland slots dealsThe gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.Too 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.MGM Grand on the Las Vegas Strip.kansas star casino rodeo what casinos are owned by wynnonline casino t“We believe certain operators are structurally better poThat implies downside from the area at which the stock currently resides.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.chumba casino sister casinoToo 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 gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.”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.free slot games that you don t have to download pechanga casino news todayharrah s casino reservations“We believe certain operators are structurally better poIt’s been a week of downgrades for MGM Resorts International (NYSE:MGM). in the Lake Charles area were damaged in the Category 4 hurricane.But its land-based difficulties trump its digital opportunities by a wide margin,” 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.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.royal ace casino 35 spins fanduel casino in michigan |