2025.09.18
encore casino storesThe gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.It’s been a week of downgrades for MGM Resorts International (NYSE:MGM).An analyst is concerned about the operator’s exposure to its home city.nearest casino near chattanooga tnorg.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.An analyst is concerned about the operator’s exposure to its home city.blackjack crown casino golden palace casino waarschootnearest casino resort near meAn analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.An analyst is concerned about the operator’s exposure to its home city.These casinos were closed temporarily but have since reopened, according to Lt.golden nugget casino floridaToo much dependence on its home market is a potential drag on MGM stock at a time when Las Vegas is still grappling with the effects of the coronavirus pandemic.MGM Grand on the Las Vegas Strip.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.free slots 40 burning hot caesar casino phone numberdownstream casino gift shopThe stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.That implies downside from the area at which the stock currently resides.No Real Estate, More VolatilityLast year, MGM sold Bellagio and Circus Circus, and the real estate liquidation theme continued into January, as the operator parted with MGM Grand and Mandalay Bay on the Strip.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.“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.MGM Grand on the Las Vegas Strip.cache creek casino resort hotel seminole casino age |