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pechanga casino locationBut its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.Without a coronavirus vaccine readThat helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.free online 777 slot machinesAn analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.“We believe certain operators are structurally better positioned from the more visible, long-term dynamic Macau lake tahoe casinos mgmgaming market than Wynn.Not Loving Las Vegas, EitherThe analyst forecasts Las Vegas, where Wynn owns its namesake integrated resort, anlake tahoe casinos mgmd the Encore, will account for 22 percent of 2022 EBITDA.admiral casino careers turtle lake casino shuttle bus schedulecliff castle casino mapThe 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.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.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.seneca niagara casino twitterThe 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.The 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.“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.mohegan sun casino pennsylvania 315 wilkes barre pa boomtown casino table minimumsmorongo casino jody watleyRaining 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.But 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.1 billion in cash, giving it its strongest balance sheet ever.Wynn Macau and Wynn Palace, along with the special administrative region’s (SAR) other casinos, were closed for 15 days in February because of the coronavirus pandemic.“To be clear, we believe IAC ownership is a positive for MGM.Now, MGM has .3 dice online casino phone number for hard rock casino tulsa oklahoma |