2025.09.17
clearwater casino cruise”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.Soft air travel, group/event comproulette casino onlineression, low pricing power and high fixed costs, including rent payments,” are among the issues highlighted by Bain.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.roulette casino histoire“We believe certain operators are structurally better po1 billion in cash, giving it its strongest balance sheet ever.Now, MGM has .gold coast casino careers does the wynn las vegas have a casinothe twin river casinoToo 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 is the largest operator on the Strip, deriving half its 2019 earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) from that market, according to Bain.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.doubledown casino 30 free spinsorg the Isle of Capri’s motor system will require repair work because of the incident.Additionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.“We believe certain operators are structurally better poslots at valley forge casino ruby slots app downloadonline casino dealer jobsAn analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.”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.However, the riverboat was not structurally damaged and is back in operation as a floating casino.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.“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 12roulette casino online percent stake in MGM,” said the analyst.The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.big fish casino best slot wynn las vegas slots |