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casinos in las vegasThat’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.scarlet pearl casino mibibippiThat implies downside from the area at which the stock currently resides.But 2020 is far from the usual climate for gaming companies.Some investors like Wynn stock due to Asia-Pacific exposure.free slots bonus games hallmark casino no deposit bonus codes march 2020mgm casino biloxiBut 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 2020 is far from the usual climate for gaming companies.(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 .black bear casino camping“To be clear, we believe IAC ownership is a positive for MGM.“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.Without a coronavirus vaccine readblackjack casino demo betrivers french lick casinoroyal ace casino registrationAn analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.Wynn Macau and Wynn Palace, along with the special administrative region’s (SAR) other casinos, were closed for 15 days in February because of the coronavirus pandemic.The Wynn Macau is pictured above.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.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.mgm casino d.c doubledown fort knox casino codes |