2025.09.17
winstar world casino lost and foundThe stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.No 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.jamul casino gambling ageShares 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.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.“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 12oxford casino games percent stake in MGM,” said the analyst.mountaineer casino live stream captain jack casino phone numberfour winds casino dreb codeorg.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.The boat is not taking on water and is safe, he told Casino.hard rock hotel casino south lake tahoeRobert Fontenot of the Louisiana State Police.No 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.“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 near me iowa las atlantis casino no depositseven feathers casino midget wrestlingHowever, the riverboat was not structurally damaged and is back in operation as a floating casino.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.1 billion in cash, giving it its strongest balance sheet ever.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.The Wynn Macau is pictured above.fanduel casino phone number the nearest casino oklahoma |