2025.10.06
admiral casino glasgowIt’s been a week of downgrades for MGM Resorts International (NYSE:MGM).Too 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.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.doubledown casino hunters cluborg.Raining 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.org.casino wiki winstar world casino is it openonline casino 247The stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.org.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.7 live asia casinoBetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.An analyst is concerned about the operator’s exposure to its home city.“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.playa bonita angel of the winds casino best free slot machines to playisland resort and casino promo codeorg.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.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.That implies downside from the area at which the stock currently resides.“We believe certain operators are structurally better pofree online slots buffalo stampede is coushatta casino open after hurricane laura |