fanduel casino free playMGM Grand on the Las Vegas Strip.An analyst is concerned about the operator’s exposure to its home city.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.borgata casino sports betting(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.The boat is not taking on water and is safe, he told Casino.It’s been a week of downgrades for MGM Resorts International (NYSE:MGM).nearest casino to exeter

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peppermill casino west wendover nvThe Wynn Macau is pictured above.“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.However, the riverboat was not structurally damaged and is back in operation as a floating casino.tachi palace casino in lemooreToo 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.But Bain argues Diller’s company may have paid too much for the privilege.my choice casinos mibibippi

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brian christopher slots strategy“We believe certain operators are structurally better poIt’s been a week of downgrades for MGM Resorts International (NYSE:MGM).(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.An analyst is concerned about the operator’s exposure to its home city.MGM Grand on the Las Vegas Strip.”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.blackjack not casino version