2025.11.06
golden spike casino deer lodgeLast month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.Additionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.The stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.thunder valley casino diningThe gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.“To be clear, we believe IAC ownership is a positive for MGM.Raining 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.cashman casino free coins caesar casino slotstwin river casino login(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.But Bain argues Diller’s company may have paid too much for the privilege.“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.betrivers french lick casinoThe 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.org.”With convention traffic all but non-existent and leisure travelers from other regions unwilling to fly to Nevada, the Roth analyst points to Sin City’s dependence on the Golden State as a major near-term vulnerability because California’s own economy is struggling and is home to steep unemployment, owing to the COVID-19 pandemic.sam s town casino las vegas rv park palace station hotel and casino phone numberchoctaw casino stigler stigler ok 74462”With convention traffic all but non-existent and leisure travelers from other regions unwilling to fly to Nevada, the Roth analyst points to Sin City’s dependence on the Golden State as a major near-term vulnerability because California’s own economy is struggling and is home to steep unemployment, owing to the COVID-19 pandemic.”With convention traffic all but non-existent and leisure travelers from other regions unwilling to fly to Nevada, the Roth analyst points to Sin City’s dependence on the Golden State as a major near-term vulnerability because California’s own economy is struggling and is home to steep unemployment, owing to the COVID-19 pandemic.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.The stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.But Bain argues Diller’s company may have paid too much for the privilege.“We believe certain operators are structurally better pobet online casino no deposit bonus soaring eagle casino tribe |