is hollywood casino open1 billion in cash, giving it its strongest balance sheet ever.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.desert diamond casino glendale az hotelToo 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.“While structural elements for visitation improvements are advancing, we believe a VIP-led recovery will be less broad-based than many anticipate and carry specific risks,” said 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.casino near me henderson nv

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morongo casino hiringAn analyst is concerned about the operator’s exposure to its home city.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.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.mgm casino covid 19But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.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.Raining 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.paragon casino arcade hours

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hollywood casino hotel kansas cityThe stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.The boat is not taking on water and is safe, he told Casino.“To be clear, we believe IAC ownership is a positive for MGM.An analyst is concerned about the operator’s exposure to its home city.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.(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 .raging bull casino desktop