2025.12.14
roulette casino zeroShares 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.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.The Wynn Macau is pictured above.downstream casino upcoming concertsSome investors like Wynn stock due to Asia-Pacific exposure.But Bain argues Diller’s company may have paid too much for the privilegraging bull casino websitee.BetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.places to eat near wild horse pab casino is chukchansi casino open nowchoctaw casino louisianaBut Bain sees risks by way of a lack of liquidity among high-end players, new room supply coming to market, and a dearth of Hong Kong dollars flowing into the gaming hub because travel remains limited between the two SARs.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.Some investors like Wynn stock due to Asia-Pacific exposure.online casino online“To be clear, we believe IAC ownership is a positive for MGM.Not Loving Las Vegas, EitherThe analyst forecasts Las Vegas, where Wynn owns its namesake integrated resort, anraging bull casino websited the Encore, will account for 22 percent of 2022 EBITDA.That’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.chumba casino reviews call pechanga casinoseneca niagara casino age limit(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 to .An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.oyment, owing to the COVID-19 pandemic.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.But 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.“To be clear, we believe IAC ownership is a positive for MGM.thunder valley casino lost and found blackjack online india |