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hard rock casino kings mountain nc(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 troulette casino onlineo .“To be clear, we believe IAC ownership is a positive for MGM.“To be clear, we believe IAC ownership is a positive for MGM.casino hotels in atlantic cityIt’s been a week of downgrades for MGM Resorts International (NYSE:MGM).That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.org.restaurants in jackson rancheria casino

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riversweeps online casino app loginThe gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.An analyst is concerned about the operator’s exposure to its home city.(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 troulette casino onlineo .Additionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.“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.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.b.c. casinos opening date

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