lake tahoe casinos newsBut Bain argues Diller’s company may have paid too much for the privilege.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 is concerned about the operator’s exposure to its home city.mountaineer casino west virginia websiteThe 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.MGM Grand on the Las Vegas 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.sycuan casino steakhouse

no deposit bonus casino rtg

island view casino msThe stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.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.little river casino resort zoominfoBut its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.Fontenot told Casino.online gambling texas holdem

harrah s cherokee resort and casino

seven feathers casino twitterRobert Fontenot of the Louisiana State Police.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.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.“To be clear, we believe IAC ownership is a positive for MGM.That implies downside from the area at which the stock currently resides.is chukchansi casino on fire