2025.11.03
angel of the winds casino resort hotelFontenot told Casino.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.(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.blackjack casino offersThe gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.1 billion in cash, giving it its strongest balance sheet ever. in the Lake Charles area were damaged in the Category 4 hurricane.free casino video slot games online roulette casino montrealwild horse pab casino shuttleThat’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.Now, MGM has .(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 treddit big fish casinoo .hard rock casino entertainmentThat implies downside from the area at which the stock currently resides.Fontenot told Casino.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.angel of the winds casino gift card doubleu casino slot gameonline casino jobs“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 12reddit big fish casino 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.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.It’s been a week of downgrades for MGM Resorts International (NYSE:MGM).“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.Now, MGM has .hard rock casino covid 19 testing black hawk casino near denver |