big fish casino on facebook“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.“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 12golden nugget casino bonus code michigan percent stake in MGM,” said the analyst.Soft air travel, group/event compgolden nugget casino bonus code michiganression, low pricing power and high fixed costs, including rent payments,” are among the issues highlighted by Bain.online casino free bonus no deposit usaBetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.BetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner. in the Lake Charles area were damaged in the Category 4 hurricane.boomtown casino slots

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angel of the winds casino jobsShares 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.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.”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.harrah s cherokee casino floor planAn analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.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.However, the riverboat was not structurally damaged and is back in operation as a floating casino.santa ana casino promotions

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downstream casino sports bettingThat helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.That implies downside from the area at which the stock currently resides.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.org.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.free safe casino slot games