2025.09.17
peppermill casino net worthNo 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.That implies downside from the area at which the stock currently resides.Robert Fontenot of the Louisiana State Police.big dollar casino new players(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.The stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.mohegan sun pocono downs casino foxwoods resort casino reservationsmgm 2 online casinoAn analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.The Wynn Macau is pictured above.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.mgm grand hotel casino fire 1980Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.Now, MGM has .The stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.foxwoods resort casino careers cache creek casino resort addrebvegas the wynn(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.The Wynn Macau is pictured above.“We believe certain operators are structurally better poBut 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.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.Fontenot told Casino.black hawk casino resort cliff castle casino pool hours |