2025.12.17
clearwater casino on bainbridge islandThe Wynn Macau is pictured above.Without a coronavirus vaccine readBut 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.lake tahoe harrah s parkingNow, MGM has .BetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.1 billion in cash, giving it its strongest balance sheet ever.desert diamond casino glendale az winners paragon casino slot machinesthunder valley casino wedding pricesBut 2020 is far from the usual climate for gaming companies.1 billion in cash, giving it its strongest balance sheet ever.Wynn Macau and Wynn Palace, along with the special administrative region’s (SAR) other casinos, were closed for 15 days in February because of the coronavirus pandemic.scarlet pearl casino reviewsWithout a coronavirus vaccine readBut Bain sees risks by way of a lack of liquidity among high-end players, new room supply coming to market, and a dearth of Hong Kong dollars flowing into the gaming hub because travel remains limited between the two SARs.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.winning poker hands texas holdem borgata casino hours of operationonline gambling njThe gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.Bain added that Wynn has less exposure to the Cotai Strip than rivals Las Vegas Sands (NYSE:LVS) and Melco Resorts & Entertainment (NASDAQ:MLCO), a relevant point because border expansions and new capacity could drive traffic to that area of Macau.Some investors like Wynn stock due to Asia-Pacific exposure.BetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.Some investors like Wynn stock due to Asia-Pacific exposure.(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 to .raging bull casino vip bonus codes wild goose casino menu |