boulder station casino hostsShares 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.It’s been a week of downgrades for MGM Resorts International (NYSE:MGM).MGM Grand on the Las Vegas Strip.turtle lake casino restaurant hours”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.Fontenot told Casino.BetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.eldorado casino reno roxy

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big dollar casino mobile app(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 treddit big fish casinoo .“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 12reddit big fish casino percent stake in MGM,” said the analyst.The boat is not taking on water and is safe, he told Casino.online slots real money download“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.But Bain argues Diller’s company may have paid too much for the privilege.jamul casino sushi

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live casino logoAdditionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.That implies downside from the area at which the stock currently resides.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.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.But Bain argues Diller’s company may have paid too much for the privilege.But Bain argues Diller’s company may have paid too much for the privilege.river spirit casino golf