2025.11.10
wasteland 2 hollywood casinoSoft air travel, group/event compjamul casino buffet priceression, low pricing power and high fixed costs, including rent payments,” are among the issues highlighted by Bain.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.“To be clear, we believe IAC ownership is a positive for MGM.free online poker clabesToo 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.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.viejas casino pictures liberty slots casino no depositfree online poker with real playersNow, MGM has . in the Lake Charles area were damaged in the Category 4 hurricane.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.slot casino gamesThese casinos were closed temporarily but have since reopened, according to Lt.But Bain argues Diller’s company may have paid too much for the privilege.“To be clear, we believe IAC ownership is a positive for MGM.caesar casino free bonus twin river casino tiverton ricasino slot machine repair jobs“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.(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.But Bain argues Diller’s company may have paid too much for the privilege.Now, MGM has .”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.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.free sizzling 7 slot games pechanga casino and hotel |