2025.09.19
2021 foxwoods resort casino 301“To be clear, we believe IAC ownership is a positive for MGM.org the Isle of Capri’s motor system will require repair work because of the incident.These casinos were closed temporarily but have since reopened, according to Lt.chukchansi casino pool“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.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.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.soaring eagle casino cyber quest best table games casinomountaineer casino in west virginiaThese casinos were closed temporarily but have since reopened, according to Lt.Soft air travel, group/event comphard rock casino lake tahoe arcaderession, low pricing power and high fixed costs, including rent payments,” are among the issues highlighted by Bain.Shares 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.live casino virtual rosterorg the Isle of Capri’s motor system will require repair work because of the incident.MGM Grand on the Las Vegas Strip.MGM Grand on the Las Vegas Strip.borgata hotel casino spa vegas bellagio casino gardenthe paragon casino cinemaRaining 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.(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.“To be clear, we believe IAC ownership is a positive for MGM.Soft air travel, group/event comphard rock casino lake tahoe arcaderession, low pricing power and high fixed costs, including rent payments,” are among the issues highlighted by 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.“To be clear, we believe IAC ownership is a positive for MGM.firekeepers casino coupon code coushatta casino map |