no deposit bonus codes casinosBut 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.Now, MGM has .“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.no deposit bonus casino ausOnly recently have there been most signs of a pickup in visits.Additionally, 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.mgm casino mask policy

free slot machines number 7

hard rock lake tahoe casino hours(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 to .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.“Given the lack of domestic/international travel, lack of near/intermediate-term group and business events, the beginning of a long Las Vegas recovery is currently levered to California leisure traffic, which offers little visibility/reason for investor enthusiasm,” said Bain.luckyland slots casino appThe Wynn Macau is pictured above.But Bain sees risks by way of a lack of liquidity among high-end players, new room supply coming to market, and a dearth of Hong Kong dollars flowing into the gaming hub because travel remains limited between the two SARs.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.all slots casino 25 free spins

is zynga poker having problems

sam s town casino and hotel phone numberAdditionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.”Risks mentioned by the Roth analyst include ongoing geopolitical volatility between the US and China, and concession renewal risk for US operators in Macau, among others.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.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.Some investors like Wynn stock due to Asia-Pacific exposure.That’s fine in a normal operating environment, and it’s exposure that’s served Wynn investors well over the years.sloto cash casino login