2025.09.18
foxwoods resort casino 301 starting lineupMGM Grand on the Las Vegas Strip.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.Robert Fontenot of the Louisiana State Police.lucky tiger casino no deposit codesThat’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.MGM Grand on the Las Vegas Strip.But Bain argues Diller’s company may have paid too much for the privilege.four winds casino sign up sloto cash casino loginis the raging bull casino legitAn analyst is concerned about the operator’s exposure to its home city.(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.No 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.doubledown casino facebookThe stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.However, the riverboat was not structurally damaged and is back in operation as a floating casino.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.oxford casino blackjack slots free slot machines by super lucky casinoaliante casino oyster barSoft 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.These casinos were closed temporarily but have since reopened, according to Lt.(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.“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.free online slots casino games no download island view casino restaurants |