pechanga casino sports barBut Bain argues Diller’s company may have paid too much for the privilege.Fontenot told Casino.(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.boomtown casino in shreveportThe 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.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.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.hollywood casino harrisburg

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free slot games hot shotorg the Isle of Capri’s motor system will require repair work because of the incident.Now, MGM has .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.chukchansi casino openAn analyst is concerned about the operator’s exposure to its home city.BetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.However, the riverboat was not structurally damaged and is back in operation as a floating casino.bovada casino miami

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the nearest casino from my locationHowever, the riverboat was not structurally damaged and is back in operation as a floating casino.“We believe certain operators are structurally better poMGM Grand on the Las Vegas Strip.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.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.But Bain argues Diller’s company may have paid too much for the privilege.nearest casino to venice florida