poker casino vancouverNamely, Sin City is now highly dependent on leisure travel from neighboring California.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.”Risks mentioned by the Roth analyst include ongoing geopolitical volatility between the US and China, and concession renewal risk for US operators in Macau, among others.wild casino downloadNamely, Sin City is now highly dependent on leisure travel from neighboring California.(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 .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 mibibippi

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cashman casino slot machines“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 12 percent stake in MGM,” said the analyst.That’s fine in a normal operating environment, and it’s exposure that’s served Wynn investors well over the years.But 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.riverwind casino age limitAn analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.That’s fine in a normal operating environment, and it’s exposure that’s served Wynn investors well over the years.“While structural elements for visitation improvements are advancing, we believe a VIP-led recovery will be less broad-based than many anticipate and carry specific risks,” said Bain.casino extreme tournaments

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hallmark casino no deposit june 2019But 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.“While structural elements for visitation improvements are advancing, we believe a VIP-led recovery will be less broad-based than many anticipate and carry specific risks,” said Bain.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.(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 .Some investors like Wynn stock due to Asia-Pacific exposure.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.golden nugget casino cards