2025.09.11
online gambling texas holdemThe 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.“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.(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 tjamul casino buffet priceo .twin river casino hotel riSoft air travel, group/event compjamul casino buffet priceression, low pricing power and high fixed costs, including rent payments,” are among the issues highlighted by Bain.That implies downside from the area at which the stock currently resides.MGM is the largest operator on the Strip, deriving half its 2019 earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) from that market, according to Bain.four winds casino hotel directions to jackson rancheria casino from my locationturtle creek casino and resort traverse cityBetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner. in the Lake Charles area were damaged in the Category 4 hurricane.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.black oak casino tuolumne caShares 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 boat is not taking on water and is safe, he told Casino.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.big 2 online casino choctaw casino water parkcoolcat casino mobileMGM is the largest operator on the Strip, deriving half its 2019 earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) from that market, according to Bain.That implies downside from the area at which the stock currently resides.MGM Grand on the Las Vegas Strip.But Bain argues Diller’s company may have paid too much for the privilege.The Wynn Macau is pictured above.That implies downside from the area at which the stock currently resides.wild wild quest casino blackjack casino hand signals |