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seminole casino i 40(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 troulette casino onlineo .That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.Additionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.poker casino in arizonaThat’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.It’s been a week of downgrades for MGM Resorts International (NYSE:MGM).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.my choice casino status match miami club casino reviewsrollex slot casinoAdditionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.”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.blackjack casino factsThe boat is not taking on water and is safe, he told Casino.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.Fontenot told Casino.four winds casino owner online slots games real moneyfree online poker lebons“We believe certain operators are structurally better poAdditionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.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.Additionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.foxwoods online help live casino 12macau |