free slot games play nowThat helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.(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.(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.intertops casino slots“We believe certain operators are structurally better poLast month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.1 billion in cash, giving it its strongest balance sheet ever.gold coast casino history

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black oak casino table gamesMGM Grand on the Las Vegas Strip.An analyst is concerned about the operator’s exposure to its home city.Now, MGM has .hollywood casino ownerBut Bain argues Diller’s company may have paid too much for the privilege.MGM Grand on the Las Vegas Strip.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.wynn casino las vegas wikipedia

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fanduel casino delawareThe gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.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.These casinos were closed temporarily but have since reopened, according to Lt.“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 12hard rock casino lake tahoe arcade percent stake in MGM,” said the analyst.That implies downside from the area at which the stock currently resides.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.fanduel casino winners