resorts casino locationsBut 2020 is far from the usual climate for gaming companies.(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 to .The Wynn Macau is pictured above.valley forge casino clubNo 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.1 billion in cash, giving it its strongest balance sheet ever.1 billion in cash, giving it its strongest balance sheet ever.e games free slot machine vegas

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boomtown casino promotionsThat’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.But 2020 is far from the usual climate for gaming companies.Some investors like Wynn stock due to Asia-Pacific exposure.winstar world casino room service menu(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 to .The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.The 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.slot machine casino machine

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paragon casino hotelBut there are issues, there, too.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.Only recently have there been most signs of a pickup in visits.Not Loving Las Vegas, EitherThe analyst forecasts Las Vegas, where Wynn owns its namesake integrated resort, anwhen will island view casino opend the Encore, will account for 22 percent of 2022 EBITDA.Namely, Sin City is now highly dependent on leisure travel from neighboring California.Only recently have there been most signs of a pickup in visits.winstar world casino games