seneca niagara casino lost and foundAn analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.But there are issues, there, too.Some investors like Wynn stock due to Asia-Pacific exposure.x live casinoShares 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.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.Namely, Sin City is now highly dependent on leisure travel from neighboring California.youtube angel of the winds casino

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il betrivers app”Risks mentioned by the Roth analyst include ongoing geopolitical volatility between the US and China, and concession renewal risk for US operators in Macau, among others.“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.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.crown casino roulette wheel layoutLast month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.lucky tiger no deposit bonus codes

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slot 7 casino bonus codesOnly recently have there been most signs of a pickup in visits.Now, MGM has .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.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.Some investors like Wynn stock due to Asia-Pacific exposure.(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 to .cache creek casino deli menu