2025.12.15
is captain jack casino legitShares 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.No 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.“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.cliff castle casino arcadeRaining 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.That’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.1 billion in cash, giving it its strongest balance sheet ever.desert diamond casino 303 hollywood casino aurorablackjack online couponsSome investors like Wynn stock due to Asia-Pacific exposure.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.Wynn Macau and Wynn Palace, along with the special administrative region’s (SAR) other casinos, were closed for 15 days in February because of the coronavirus pandemic.lucky creek casino sign upWithout a coronavirus vaccine readBut 2020 is far from the usual climate for gaming companies.BetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.online casino usa legal hallmark casino 2021boomtown casino jobs fort mcmurrayRaining 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.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.But there are issues, there, too.BetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.The Wynn Macau is pictured above.But there are issues, there, too.jackson rancheria casino arcade scarlet pearl casino jobs diberville ms |