tachi palace casino arcadeThe 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.Fontenot told Casino.coolcat casino sign up bonusAn analyst is concerned about the operator’s exposure to its home city.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.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.free slots poker

harrah s cherokee resort casino

slot machines casino plus1 billion in cash, giving it its strongest balance sheet ever.The Wynn Macau is pictured above.That’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.wild orchid casino gameNo 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.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.“To be clear, we believe IAC ownership is a positive for MGM.hard rock casino kansas city

luckyland slots for android

new pa online casino no deposit bonus“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.The stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.But Bain argues Diller’s company may have paid too much for the privilege.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.“To be clear, we believe IAC ownership is a positive for MGM.kansas star casino hours