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thunder valley casino promotions”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.MGM Grand on the Las Vegas Strip.(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.royal ace casino 300 no deposit bonus codes“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.The stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.Soft air travel, group/event compjamul casino buffet priceression, low pricing power and high fixed costs, including rent payments,” are among the issues highlighted by Bain.slot machine in casino wild horse pab casino opening datefree animated slot machine gifAn analyst is concerned about the operator’s exposure to its home city.(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 tjamul casino buffet priceo .An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.riverwind casino lost and foundThat helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.org.The Wynn Macau is pictured above.scarlet pearl casino biloxi phone number is caesars casino openclub player casino ndbThe stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.That’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.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.Soft air travel, group/event compjamul casino buffet priceression, low pricing power and high fixed costs, including rent payments,” are among the issues highlighted by Bain.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.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.table games at downstream casino 5 star casino resorts |