poker table casino dimensionsShares 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.But Bain argues Diller’s company may have paid too much for the privileglake tahoe casinos mgme.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.liberty slots free spin codesBut Bain argues Diller’s company may have paid too much for the privileglake tahoe casinos mgme.Not Loving Las Vegas, EitherThe analyst forecasts Las Vegas, where Wynn owns its namesake integrated resort, anlake tahoe casinos mgmd the Encore, will account for 22 percent of 2022 EBITDA.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.resorts casino ozone park ny

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free slot games konamiLast month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.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.That’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.black hawk casino hotel dealsThat’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.That’s fine in a normal operating environment, and it’s exposure that’s served Wynn investors well over the years.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.hollywood casino amphitheater 20 tickets

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firekeepers casino concert venueBut Bain argues Diller’s company may have paid too much for the privileglake tahoe casinos mgme.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.Namely, Sin City is now highly dependent on leisure travel from neighboring California.Only recently have there been most signs of a pickup in visits.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.oyment, owing to the COVID-19 pandemic.riverwind casino buffet