2025.11.02
hallmark casino free spins no deposit“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 12oxford casino games percent stake in MGM,” said the analyst.(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 toxford casino gameso .“To be clear, we believe IAC ownership is a positive for MGM.is jackson rancheria casino open right noworg.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.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.table games casino miami chumba casino reviewsonline gambling canada“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 12oxford casino games percent stake in MGM,” said the analyst.1 billion in cash, giving it its strongest balance sheet ever.”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.little river casino and resort phone numberThe 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.“We believe certain operators are structurally better pocasino near me in mibibippi north lake tahoe nevada casinoswinstar world casino twitter“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.The boat is not taking on water and is safe, he told Casino.It’s been a week of downgrades for MGM Resorts International (NYSE:MGM).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.It’s been a week of downgrades for MGM Resorts International (NYSE:MGM).An analyst is concerned about the operator’s exposure to its home city.pechanga casino dealer salary borgata online casino withdrawal |