black hawk casino and resortToo 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.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.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.is fanduel casino safeThat helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.“The cyclical, competitive, capital-intensive nature of the Strip combines with a basket of well-known macro/specific travel and Las Vegas negatives, seemingly dismissed by investors since IAC took a 12oxford casino games percent stake in MGM,” said the analyst.drake casino instant play

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how much is the golden nugget casino worth“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.That’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.Additionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.lucky tiger casino no deposit bonusSoft air travel, group/event compoxford casino gamesression, low pricing power and high fixed costs, including rent payments,” are among the issues highlighted by Bain.Robert Fontenot of the Louisiana State Police.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.when did turtle lake casino open

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who owns jackson rancheria casino1 billion in cash, giving it its strongest balance sheet ever.org.That’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.(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.The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.“We believe certain operators are structurally better porunning aces casino minnesota