2025.09.12
bovada casino clevelandThat helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.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.(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 tgolden nugget casino bonus code michigano .red stag casino gamesRaining 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.That’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.silver oak casino legit harrahs casino first timeonline casino marylandNo 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.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.Too much dependence on its home market is a potential drag on MGM stock at a time when Las Vegas is still grappling with the effects of the coronavirus pandemic.big fish casino texas holdemMGM Grand on the Las Vegas Strip.The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.Soft air travel, group/event compgolden nugget casino bonus code michiganression, low pricing power and high fixed costs, including rent payments,” are among the issues highlighted by Bain.is little river casino buffet open doubledown casino chipsroulette casino badenThe Wynn Macau is pictured above.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.(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.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.Fontenot told Casino.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.black bear casino hotel near duluth mn free online slots 12 times machines |