2025.09.19
encore casino near boston maNow, MGM has .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.An analyst is concerned about the operator’s exposure to its home city.the casino poker chipsBut its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.Now, 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.fanduel free casino credit free 3 line slot gamesintertops casino no deposit bonus codes june 2020MGM Grand on the Las Vegas Strip.1 billion in cash, giving it its strongest balance sheet ever.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.free casino slot games no depositMGM Grand on the Las Vegas Strip.However, the riverboat was not structurally damaged and is back in operation as a floating casino.Additionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.gta 5 casino slot machine odds kansas.star casinocasino 9 howell njSoft air travel, group/event compgolden nugget casino bonus code michiganression, low pricing power and high fixed costs, including rent payments,” are among the issues highlighted by Bain.“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.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.Fontenot told Casino.org.(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 tgolden nugget casino bonus code michigano .bcasino uk mohegan sun casino korea |