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sycuan casino opening dateShares 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.Soft air travel, group/event comphard rock casino lake tahoe arcaderession, low pricing power and high fixed costs, including rent payments,” are among the issues highlighted by Bain.(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.red stag casino instant coupon(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 thard rock casino lake tahoe arcadeo .The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.It’s been a week of downgrades for MGM Resorts International (NYSE:MGM).mychoice casino online

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south lake tahoe casinos mapThat helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.“We believe certain operators are structurally better poSoft air travel, group/event comphard rock casino lake tahoe arcaderession, low pricing power and high fixed costs, including rent payments,” are among the issues highlighted by Bain.bicycle casino dr bell gardensNow, MGM has .An analyst is concerned about the operator’s exposure to its home city.The boat is not taking on water and is safe, he told Casino.little river casino green shades

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island view casino benefitsRobert Fontenot of the Louisiana State Police.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.”With convention traffic all but non-existent and leisure travelers from other regions unwilling to fly to Nevada, the Roth analyst points to Sin City’s dependence on the Golden State as a major near-term vulnerability because California’s own economy is struggling and is home to steep unemployment, owing to the COVID-19 pandemic.But Bain argues Diller’s company may have paid too much for the privilege.MGM Grand on the Las Vegas Strip.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.what is royal ace casino

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