free casino slots win real moneyShares 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.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.The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.turtle lake casino musicThat implies downside from the area at which the stock currently resides.Some investors like Wynn stock due to Asia-Pacific exposure.“We believe certain operators are structurally better positioned from the more visible, long-term dynamic Macau lake tahoe casinos mgmgaming market than Wynn.luckyland casino reddit

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downstream casino events today“Given the lack of domestic/international travel, lack of near/intermediate-term group and business events, the beginning of a long Las Vegas recovery is currently levered to California leisure traffic, which offers little visibility/reason for investor enthusiasm,” said Bain.“To be clear, we believe IAC ownership is a positive for MGM.Bain added that Wynn has less exposure to the Cotai Strip than rivals Las Vegas Sands (NYSE:LVS) and Melco Resorts & Entertainment (NASDAQ:MLCO), a relevant point because border expansions and new capacity could drive traffic to that area of Macau.cache creek casino outageBut Bain argues Diller’s company may have paid too much for the privileglake tahoe casinos mgme.Namely, Sin City is now highly dependent on leisure travel from neighboring California.Additionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.new cool cat casino bonus codes

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chumba casino ownerThat implies downside from the area at which the stock currently resides.Some investors like Wynn stock due to Asia-Pacific exposure.“To be clear, we believe IAC ownership is a positive for MGM.Not Loving Las Vegas, EitherThe analyst forecasts Las Vegas, where Wynn owns its namesake integrated resort, anlake tahoe casinos mgmd the Encore, will account for 22 percent of 2022 EBITDA.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.online casino no deposit bonus 2021