slotocash casino no deposit bonus codesMGM Grand on the Las Vegas Strip.But Bain argues Diller’s company may have paid too much for the privilege.1 billion in cash, giving it its strongest balance sheet ever.lucky creek casino groupBut Bain is concerned that the lack of real estate levers to pull means the operator is too levered to Las Vegas, and investors may be overlooking that risk.The 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.“We believe certain operators are structurally better poonline slots real money pa

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mychoice casino social creditsRobert Fontenot of the Louisiana State Police.“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 12jamul casino buffet price percent stake in MGM,” said the analyst.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.free triple 7 slot gamesBut Bain argues Diller’s company may have paid too much for the privilege.“To be clear, we believe IAC ownership is a positive for MGM.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.juego doubledown casino gratis

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table poker casino hyeresShares 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.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.(Image: Ethan Miller/Getty Images)In a note to clients today, Roth Capital analyst David Bain lowered his rating on the Bellagio operator to “neutral” from “buy,” while paring his price forecast on the stock to , implying significant downside from the area at which it currently trades.“To be clear, we believe IAC ownership is a positive for MGM.Fontenot told Casino.online slots real money monopoly