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morongo casino in palm springs“Additionally, as with most of its domestic gaming peers, MGM continues to identify ways to remove costs from the business to enhance margins, even as the top-line remains impaired.“We believe there are cleaner ways to invest in themes across the broader gaming realm that do not require an investor to absorb the same level of risk related to the Strip’s recovery trajectory,” said Wieczynski.MGM Resorts International (NYSE:MGM) is faltering Friday,hollywood casino 99 hops house trading lower by nearly five percent a day after the company reported a second-quarter operating loss of billion.red stag casino free chipsThere really is just no place else for people to spend some discretionary entertainment dollars,” he explained.Sales tumbled nearly 30 percent in the week ending March 29.On the conference call, CEO Bill Hornbuckle said those venues are taking reservations for Aug.online gambling jackpot city las atlantis casino bonustable games at downstream casinoHowever, catalysts such as margin enhancement, iGaming and sports betting, and Japan are longer ranging in nature, which could keep investorhollywood casino 99 hops houses on the sidelines until Las Vegas shows credible signs of recovery.“On the national jackpot games, last year those games were off 40 to 50 percent from the all-time record year the year before.“We believe there are cleaner ways to invest in themes across the broader gaming realm that do not require an investor to absorb the same level of risk related to the Strip’s recovery trajectory,” said Wieczynski.slot machines 100 free spinsAnd by June, we’re up 20 percent.Sales tumbled nearly 30 percent in the week ending March 29.It’s really a remarkable recovery.little river casino pool free casino slots machinebcslots group pullsMassachusetts lawmakers have added an amendment to an economic development bill that would require the state Gaming Commission to submit a report on the Region C casino license by October 1.state should brace and prepare for lower casino contributions for long-term projections.Positive CatalystsMGM is not a lost cause, however, notes the Stifel analyst.With the operating environment far from normal, MGM is finding ways to lower costs.“We believe there are cleaner ways to invest in themes across the broader gaming realm that do not require an investor to absorb the same level of risk related to the Strip’s recovery trajectory,” said Wieczynski.He points to several factors in the company’s favor, including strength in the regional portfolio, .downstream casino nee spa viejas casino fireworks 2020 |