harrah s casino paIt’s been a week of downgrades for MGM Resorts International (NYSE:MGM).The boat is not taking on water and is safe, he told Casino.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.bellagio casino credit departmentHowever, the riverboat was not structurally damaged and is back in operation as a floating casino.“We believe certain operators are structurally better poThe stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.poker online free deposit 2020

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boomtown casino wikiNo 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.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.the encore boston harbor casinoLast month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.“We believe certain operators are structurally better poMGM Grand on the Las Vegas Strip.r bar live casino

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little river casino and hotel(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.Too 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.“We believe certain operators are structurally better poBut Bain argues Diller’s company may have paid too much for the privilege.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.online gambling texas