2025.12.15
free slot machines where you can win real moneyThe 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.But Bain argues Diller’s company may have paid too much for the privilegisland view casino webcame.oyment, owing to the COVID-19 pandemic.four winds casino resort“Given the lack of domestic/international travel, lack of near/intermediate-term group and business events, the beginning of a long Las Vegas recovery is currently levered to California leisure traffic, which offers little visibility/reason for investor enthusiasm,” said Bain.oyment, owing to the COVID-19 pandemic.BetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.is live casino philadelphia smoke free doubledown casino games free playhotels near hard rock casino lake tahoeBut its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.But 2020 is far from the usual climate for gaming companies.Only recently have there been most signs of a pickup in visits.betrivers casino no deposit bonus codeAdditionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.poker games at casino online casino quorafree casino slots with bonus rounds”Risks mentioned by the Roth analyst include ongoing geopolitical volatility between the US and China, and concession renewal risk for US operators in Macau, among others.Shares 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.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.But Bain sees risks by way of a lack of liquidity among high-end players, new room supply coming to market, and a dearth of Hong Kong dollars flowing into the gaming hub because travel remains limited between the two SARs.Not Loving Las Vegas, EitherThe analyst forecasts Las Vegas, where Wynn owns its namesake integrated resort, anisland view casino webcamd the Encore, will account for 22 percent of 2022 EBITDA.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.island resort and casino drift spa seminole casino entertainment |