2025.09.18
wynn casino las vegas resort feeBut Bain argues Diller’s company may have paid too much for the privilege.An analyst is concerned about the operator’s exposure to its home city.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.wild casino online gambling(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. in the Lake Charles area were damaged in the Category 4 hurricane.Now, MGM has .free slots and win real money mohegan sun casino gift cardel dorado casino reno jobsBut Bain argues Diller’s company may have paid too much for the privilege.1 billion in cash, giving it its strongest balance sheet ever.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.empire casino free slots“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.Now, MGM has .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.seven feathers casino careers boomtown casino shreveportwild horse pab casino golfThe gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.org.“To be clear, we believe IAC ownership is a positive for MGM.That implies downside from the area at which the stock currently resides.The stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.encore casino resort luckyland slots casino sign up |