seminole casino zig zag girlz“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.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.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.chukchansi casino news“We believe certain operators are structurally better poorg.“To be clear, we believe IAC ownership is a positive for MGM.harrah s cherokee casino resort

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motel 6 near hard rock casinoSoft air travel, group/event compreddit big fish casinoression, low pricing power and high fixed costs, including rent payments,” are among the issues highlighted by Bain.That’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.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.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 stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.(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 treddit big fish casinoo .golden nugget casino colorado