2025.10.12
borgata hotel casino las vegasNo Real Estate, More VolatilityLast year, MGM sold Bellagio and Circus Circus, and the real estate liquidation theme continued into January, as the operator parted with MGM Grand and Mandalay Bay on the Strip.”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.Additionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.coushatta casino job fairThe boat is not taking on water and is safe, he told Casino.BetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.“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.free casino slots on facebook caesar casino and sportsboulder station casino reservationsHowever, the riverboat was not structurally damaged and is back in operation as a floating casino.“To be clear, we believe IAC ownership is a positive for MGM.”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.morongo casino food specialsHowever, the riverboat was not structurally damaged and is back in operation as a floating casino.No Real Estate, More VolatilityLast year, MGM sold Bellagio and Circus Circus, and the real estate liquidation theme continued into January, as the operator parted with MGM Grand and Mandalay Bay on the Strip.The Wynn Macau is pictured above.casino coin sam town casino hotelcasino extreme tournament codeShares 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.Robert Fontenot of the Louisiana State Police.MGM Grand on the Las Vegas Strip.org.(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.org.blackjack online dealer m casino restaurants |