drake online casino no deposit bonusToo 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.”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.It’s been a week of downgrades for MGM Resorts International (NYSE:MGM).scarlet pearl casino putt putt golfBut 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.These 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.is pechanga casino 18 and over

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mgm grand hotel y casinoThat’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.1 billion in cash, giving it its strongest balance sheet ever.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.casino hotel nycThe boat is not taking on water and is safe, he told Casino.Soft air travel, group/event compgolden nugget casino bonus code michiganression, low pricing power and high fixed costs, including rent payments,” are among the issues highlighted by Bain.The stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.captain jack casino online

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777 casino slot machineShares 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.Additionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.“To be clear, we believe IAC ownership is a positive for MGM.It’s been a week of downgrades for MGM Resorts International (NYSE:MGM).The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.santa ana casino hotel new mexico