firekeepers casino jackson miNamely, Sin City is now highly dependent on leisure travel from neighboring California.Now, MGM has .Some investors like Wynn stock due to Asia-Pacific exposure.silver oak casino couponsThat implies downside from the area at which the stock currently resides.But 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.“To be clear, we believe IAC ownership is a positive for MGM.hotels near downstream casino quapaw ok

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casino usa(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 .“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.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.valley forge casino nearby hotelsBut 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.Some investors like Wynn stock due to Asia-Pacific exposure.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.free casino slot games konami

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how to win zeus slot machine(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 .“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 12 percent stake in MGM,” said the analyst.Without a coronavirus vaccine readThat helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.Now, MGM has .That implies downside from the area at which the stock currently resides.little river casino wedding