2025.12.16
free slots 99“We believe certain operators are structurally better positioned from the more visible, long-term dynamic Macau royal ace casino free spins no depositgaming market than Wynn.(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 .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.mountaineer casino smoking“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.“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.But 2020 is far from the usual climate for gaming companies.encore casino shows black hawk casino roulettemountaineer casino directions“To be clear, we believe IAC ownership is a positive for MGM.Without a coronavirus vaccine readWithout a coronavirus vaccine readdrake casino deposit bonusBain added that Wynn has less exposure to the Cotai Strip than rivals Las Vegas Sands (NYSE:LVS) and Melco Resorts & Entertainment (NASDAQ:MLCO), a relevant point because border expansions and new capacity could drive traffic to that area of Macau.Bain added that Wynn has less exposure to the Cotai Strip than rivals Las Vegas Sands (NYSE:LVS) and Melco Resorts & Entertainment (NASDAQ:MLCO), a relevant point because border expansions and new capacity could drive traffic to that area of Macau.(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 .river spirit casino earth wind and fire when is winstar world casino opening upquiero ir a viejas casinoNo 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.Without a coronavirus vaccine read1 billion in cash, giving it its strongest balance sheet ever.oyment, owing to the COVID-19 pandemic.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.That implies downside from the area at which the stock currently resides.chumba casino apk aliante casino food places |