2025.09.16
draftkings casino promoNo 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.“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.casino heistBut Bain argues Diller’s company may have paid too much for the privilege.“To be clear, we believe IAC ownership is a positive for MGM.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.poker casino for sale wild casino safejamul casino shopping eventShares 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.An analyst is concerned about the operator’s exposure to its home city. in the Lake Charles area were damaged in the Category 4 hurricane.luckyland slots referralBetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.An analyst is concerned about the operator’s exposure to its home city.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.mohegan sun casino restaurants choctaw casino club 50casino slot denominationsMGM Grand on the Las Vegas Strip.“To be clear, we believe IAC ownership is a positive for MGM.The boat is not taking on water and is safe, he told Casino.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.1 billion in cash, giving it its strongest balance sheet ever.These casinos were closed temporarily but have since reopened, according to Lt.las atlantis casino app mgm casino host |