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valley forge casino showsToo 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.The Wynn Macau is pictured above.Now, MGM has .online casino no deposit bonus codes 2020Shares of Wynn Resorts (NASDAQ:WYNN) are lower by more than two percent Wednesday after Roth Capital analyst David Bain downgraded the gaming operator, citing, among other factors, risk in the marquee Macau market.“To be clear, we believe IAC ownership is a positive for MGM.The stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.sunset station casino buffet las vegas

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free online slots quick hitsThat helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.org.The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.resorts casino buffetAn analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.Shares of Wynn Resorts (NASDAQ:WYNN) are lower by more than two percent Wednesday after Roth Capital analyst David Bain downgraded the gaming operator, citing, among other factors, risk in the marquee Macau market.casino 2021

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lake tahoe gambling casinosBut Bain argues Diller’s company may have paid too much for the privilege.The Wynn Macau is pictured above.Fontenot told Casino.“We believe certain operators are structurally better poThe 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.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.free slots king kong

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