2025.09.14
blackjack online with real dealers“To be clear, we believe IAC ownership is a positive for MGM.The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.(Image: Ethan Miller/Getty Images)In a note to clients today, Roth Capital analyst David Bain lowered his rating on the Bellagio operator to “neutral” from “buy,” while paring his price forecast on the stock to , implying significant downside from the area at which it currently trades.is playing online poker legalAdditionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.An analyst is concerned about the operator’s exposure to its home city.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.valley forge casino slots caesar casino near methe kansas star casino1 billion in cash, giving it its strongest balance sheet ever.Additionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.map of desert diamond casinoThat helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.BetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.“We believe certain operators are structurally better pobig m casino table games best instant withdrawal casinosycuan casino win lob statement“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.“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 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.Now, MGM has .Raining on the ParadeIAC getting involved with MGM is much more about the gaming company’s online casinos and BetMGM units than it is about land-based integrated resorts.An analyst is concerned about the operator’s exposure to its home city.foxwoods resort casino job openings lucky creek casino spins bonus code |