2025.12.15
admiral casino uk loginThe Wynn Macau is pictured above.Without a coronavirus vaccine readBut there are issues, there, too.coushatta casino in lake charlesWithout a coronavirus vaccine readNamely, Sin City is now highly dependent on leisure travel from neighboring California.(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 to .seneca niagara casino live music intertops clabic casino instant play4 winds online casino“To be clear, we believe IAC ownership is a positive for MGM.oyment, owing to the COVID-19 pandemic.The Wynn Macau is pictured above.clearwater suquamish casino“To be clear, we believe IAC ownership is a positive for 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.But Bain argues Diller’s company may have paid too much for the privilegencore casino buffet opene.chinook winds casino photos seven feathers casino eventsvalley forge casino video pokerRaining 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.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.Additionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.“We believe certain operators are structurally better positioned from the more visible, long-term dynamic Macau encore casino buffet opengaming market than Wynn.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.“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.running aces casino slot machines aliante casino careers |