2025.10.11
captain jack casino apk“We believe certain operators are structurally better po“The cyclical, competitive, capital-intensive nature of the Strip combines with a basket of well-known macro/specific travel and Las Vegas negatives, seemingly dismissed by investors since IAC took a 12reddit big fish casino percent stake in MGM,” said the analyst.“To be clear, we believe IAC ownership is a positive for MGM.wynn las vegas hotels.comBetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner. in the Lake Charles area were damaged in the Category 4 hurricane.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.firekeepers casino restaurant hours free slot machines 777morongo casino mask policyBut 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.org.”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.www.big dollar casino.comThe 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.The stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.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.golden nugget casino mibibippi island view casino lunch buffetblackjack online multiple handsLast month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.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.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.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.It’s been a week of downgrades for MGM Resorts International (NYSE:MGM).But Bain argues Diller’s company may have paid too much for the privilege.blackjack casino cheating red stag casino sister |