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wild casino appAn analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.That implies downside from the area at which the stock currently resides.little nugget casino reno nvThe 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.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.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.seminole casino security jobs

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island view casino concertsAdditionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.org.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.harrah s cherokee casino drink pricesAn analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.“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 12reddit big fish casino percent stake in MGM,” said the analyst.“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 12reddit big fish casino percent stake in MGM,” said the analyst.harrah s cherokee casino murphy north carolina

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borgata casino barsToo much dependence on its home market is a potential drag on MGM stock at a time when Las Vegas is still grappling with the effects of the coronavirus pandemic.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock. in the Lake Charles area were damaged in the Category 4 hurricane.Robert Fontenot of the Louisiana State Police.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.That implies downside from the area at which the stock currently resides.no deposit bonus lucky tiger casino

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