blackjack online multiplayer“We believe certain operators are structurally better po“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.MGM Grand on the Las Vegas Strip.free casino slot games 2020(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.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.turtle lake casino hotel rooms

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soaring eagle casino in mount pleasant michiganThe 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.The stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.mohegan sun pocono play 4 fun casinoThat helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.The boat is not taking on water and is safe, he told Casino.Now, MGM has .drake casino bonus

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bicycle casino video game”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.The Wynn Macau is pictured above.But Bain is concerned that the lack of real estate levers to pull means the operator is too levered to Las Vegas, and investors may be overlooking that risk.That implies downside from the area at which the stock currently resides.It’s been a week of downgrades for MGM Resorts International (NYSE:MGM).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.live casino new years eve 2021