2025.10.07
my choice casino toledo(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.MGM Grand on the Las Vegas Strip.”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.gold coast casino shuttleRaining on the ParadeIAC getting involved with MGM is much more about the gaming company’s online casinos and BetMGM units than it is about land-based integrated resorts.The stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.Raining on the ParadeIAC getting involved with MGM is much more about the gaming company’s online casinos and BetMGM units than it is about land-based integrated resorts.the borgata casino atlantic city island view casino offersfree easy slot gamesAdditionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.1 billion in cash, giving it its strongest balance sheet ever.That implies downside from the area at which the stock currently resides.slot casino joker 63But 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.Robert Fontenot of the Louisiana State Police.org.kansas star casino open turtle creek casino gas stationjamul casino offersHowever, the riverboat was not structurally damaged and is back in operation as a floating casino.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.(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 tgolden nugget casino bonus code michigano .The Wynn Macau is pictured above.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.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.clearwater casino telephone number is lotus casino real |