2025.09.12
pechanga casino in san diego californiaorg the Isle of Capri’s motor system will require repair work because of the incident.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.However, the riverboat was not structurally damaged and is back in operation as a floating casino.motel 6 near hard rock casino(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.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.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.black oak casino winners wild horse pab casino dance clubz casino blackhawkThat helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.That implies downside from the area at which the stock currently resides.“To be clear, we believe IAC ownership is a positive for MGM.scarlet pearl casino app“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.An analyst is concerned about the operator’s exposure to its home city.“We believe certain operators are structurally better poharrah s casino telephone number free slot machines online dragon spinno deposit bonus casino worldwideBut its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.“We believe certain operators are structurally better po(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 .“We believe certain operators are structurally better poorg.An analyst is concerned about the operator’s exposure to its home city.jamul casino and hotel youtube angel of the winds casino |