new black hawk casino“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.But Bain argues Diller’s company may have paid too much for the privilegroyal ace casino free spins no deposite.But Bain sees risks by way of a lack of liquidity among high-end players, new room supply coming to market, and a dearth of Hong Kong dollars flowing into the gaming hub because travel remains limited between the two SARs.hallmark online casino free chipsWithout a coronavirus vaccine read“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.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.resorts casino employment

chinook winds casino camera

downstream casino near joplin mibouriThat helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.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.Without a coronavirus vaccine readborgata online casino michiganThat’s fine in a normal operating environment, and it’s exposure that’s served Wynn investors well over the years.Namely, Sin City is now highly dependent on leisure travel from neighboring California.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.free casino style slot games

free slot games on google play

blackjack online moneyThat’s fine in a normal operating environment, and it’s exposure that’s served Wynn investors well over the years.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.“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.Namely, Sin City is now highly dependent on leisure travel from neighboring California.The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.river spirit casino indoor pool