twin river casino ballysIt’s been a week of downgrades for MGM Resorts International (NYSE:MGM).“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.table casino poker chipsMGM is the largest operator on the Strip, deriving half its 2019 earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) from that market, according to Bain.Fontenot told Casino.These casinos were closed temporarily but have since reopened, according to Lt.black lotus casino free bonus codes

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viejas casino los terricolasAn analyst is concerned about the operator’s exposure to its home city.MGM Grand on the Las Vegas Strip.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.free slot games for pcThese casinos were closed temporarily but have since reopened, according to Lt.”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.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.casino extreme no deposit code

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miami club casino payout(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 .1 billion in cash, giving it its strongest balance sheet ever.The stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.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.(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. in the Lake Charles area were damaged in the Category 4 hurricane.choctaw casino promo code