2025.12.16
brian christopher slots plaza areaThe 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.Without a coronavirus vaccine readSome investors like Wynn stock due to Asia-Pacific exposure.choctaw casino jobs hiring“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.But 2020 is far from the usual climate for gaming companies.But Bain argues Diller’s company may have paid too much for the privilegencore casino buffet opene.caesar casino commercial casino zonecaptain jack casino australiaBut 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.Without a coronavirus vaccine readWithout a coronavirus vaccine readchoctaw casino wilburton ok1 billion in cash, giving it its strongest balance sheet ever.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.Now, MGM has .peppermill casino lost and found download free casino slot games play offlineonline casino m platba 2021“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 12 percent stake in MGM,” said the analyst.Without a coronavirus vaccine readSome investors like Wynn stock due to Asia-Pacific exposure.“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.Risky BusinessBy Bain’s estimate, Wynn derives 68 percent of its earnings before interest, taxes, depreciation and amortization (EBITDA) from the world’s largest gaming center, adjusting for its ownership stake in Wynn Macau.Bain added that Wynn has less exposure to the Cotai Strip than rivals Las Vegas Sands (NYSE:LVS) and Melco Resorts & Entertainment (NASDAQ:MLCO), a relevant point because border expansions and new capacity could drive traffic to that area of Macau.lucky tiger casino ndb codes casino queen hotel |