call boulder station casinoAn analyst is concerned about the operator’s exposure to its home city.But Bain argues Diller’s company may have paid too much for the privilege.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.directions to scarlet pearl casinoThe boat is not taking on water and is safe, he told Casino.That implies downside from the area at which the stock currently resides.The stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.2 card poker online free

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running aces casino columbus mn”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.But its land-based difficulties trump its digital opportunities by a wide margin,” said 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.draftkings casino customer service numberThat helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.org the Isle of Capri’s motor system will require repair work because of the incident.That implies downside from the area at which the stock currently resides.blackjack online coupons

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seneca niagara casino shuttleLast month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.(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 treddit big fish casinoo .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.But Bain argues Diller’s company may have paid too much for the privilege.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.fanduel casino email