2025.09.15
desert diamond casino west valley poker roomRobert Fontenot of the Louisiana State Police.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 Wynn Macau is pictured above.no deposit bonus online casino real moneyThe 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.Soft 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.“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 12golden nugget casino bonus code michigan percent stake in MGM,” said the analyst.turtle lake casino hotel rooms casino 777 gamesriverwind casino addrebFontenot told Casino.The Wynn Macau is pictured above.BetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.foxwoods resort casino grand pequot towerNow, MGM has .These casinos were closed temporarily but have since reopened, according to Lt.These casinos were closed temporarily but have since reopened, according to Lt.sunset station casinos casinos near kingstonwind creek online casino pa no deposit bonusThe gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.MGM is the largest operator on the Strip, deriving half its 2019 earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) from that market, according to Bain.These casinos were closed temporarily but have since reopened, according to Lt.(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 .MGM is the largest operator on the Strip, deriving half its 2019 earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) from that market, according to Bain.That implies downside from the area at which the stock currently resides.bovada casino rival angel of the winds casino opening date |