2025.09.16
o bellagio las vegasLast month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.1 billion in cash, giving it its strongest balance sheet ever.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.poker casino en(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.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.org the Isle of Capri’s motor system will require repair work because of the incident.online casino no deposit bonus codes bicycle casino pokerchukchansi casino arcadeNow, MGM has .However, the riverboat was not structurally damaged and is back in operation as a floating casino.But Bain argues Diller’s company may have paid too much for the privilege.blackjack casino channel 5“We believe certain operators are structurally better poBut 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.valley forge casino application admiral casino alfretonchumba casino disputeThat helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.(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.“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. in the Lake Charles area were damaged in the Category 4 hurricane.“We believe certain operators are structurally better pocasino slot 40 riverwind casino exit |