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hollywood casino poker room(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 .These casinos were closed temporarily but have since reopened, according to Lt.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.brian christopher slots group pullNow, MGM has .But Bain argues Diller’s company may have paid too much for the privilege.An analyst is concerned about the operator’s exposure to its home city.golden nugget casino moose jaw

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7 free slots.com times twelveThat implies downside from the area at which the stock currently resides.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.Soft air travel, group/event compreddit big fish casinoression, low pricing power and high fixed costs, including rent payments,” are among the issues highlighted by Bain.BetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.cashman casino pc