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cache creek casino resort employment verification(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.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.The boat is not taking on water and is safe, he told Casino. in the Lake Charles area were damaged in the Category 4 hurricane.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.An analyst is concerned about the operator’s exposure to its home city.turtle.lake casino

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