quantum roulette casinoAn analyst is concerned about the operator’s exposure to its home city.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.But Bain argues Diller’s company may have paid too much for the privilege.blackjack online multiplayerThe gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.That’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.admiral casino brighton

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riverwind casino slotsThe 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.BetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.“To be clear, we believe IAC ownership is a positive for MGM.mgm casino foodBut 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.MGM Grand on the Las Vegas Strip.black oak casino kingpins hours

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borgata casino foodThat implies downside from the area at which the stock currently resides.But Bain argues Diller’s company may have paid too much for the privilege.(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.The boat is not taking on water and is safe, he told Casino.”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.“We believe certain operators are structurally better pofour winds casino dowagiac jobs