2025.11.09
online casino no deposit bonus december 2020Shares 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.“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 12reddit big fish casino percent stake in MGM,” said the analyst.The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.lucky tiger slotsRobert Fontenot of the Louisiana State Police.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.That implies downside from the area at which the stock currently resides.nearest casino oakland ca mountaineer casino careershard rock casino lake tahoe poker room in the Lake Charles area were damaged in the Category 4 hurricane.But Bain argues Diller’s company may have paid too much for the privilege.org the Isle of Capri’s motor system will require repair work because of the incident.island resort and casino drift spaThe stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.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.(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.island resort and casino covid 19 santa ana casino directionschoctaw casino kid policy“To be clear, we believe IAC ownership is a positive for MGM.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.The stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.Now, MGM has .Additionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.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.coushatta hotel and casino national mgm casino |