thunder valley casino slotsAn analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.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.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.lucky tiger casino review reddit“To be clear, we believe IAC ownership is a positive for MGM.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.The boat is not taking on water and is safe, he told Casino.casino roulette kraskaart

jobs mgm grand casino detroit

las vegas casino roulette table minimums“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 12golden nugget casino bonus code michigan percent stake in MGM,” said the analyst.(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.“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 gold coast casinoShares of Wynn Resorts (NASDAQ:WYNN) are lower by more than two percent Wednesday after Roth Capital analyst David Bain downgraded the gaming operator, citing, among other factors, risk in the marquee Macau market.(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.An analyst is concerned about the operator’s exposure to its home city.valley forge casino part time jobs

fanduel casino promotion

club player casino no deposit bonusAdditionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.Now, MGM has .(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.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.Now, MGM has .Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.7 roulette wheel