chukchansi casino raidAn analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.“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.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.planning poker online jira freeLast month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.That implies downside from the area at which the stock currently resides.The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.lobstermania 2 slots free online

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luckyland slots promo codesBetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.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.Without a coronavirus vaccine readcasino zurich roulette“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.The Wynn Macau is pictured above.oyment, owing to the COVID-19 pandemic.mountaineer casino hotel rooms

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casino extreme no deposit bonus 2020But 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.But there are issues, there, too.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.“We believe certain operators are structurally better positioned from the more visible, long-term dynamic Macau royal ace casino free spins no depositgaming market than Wynn.The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.That implies downside from the area at which the stock currently resides.foxwoods resort casino 301 starting lineup