2025.12.17
oxford casino specials(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 .Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.“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.zynga poker update 2021Some investors like Wynn stock due to Asia-Pacific exposure.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.“We believe certain operators are structurally better positioned from the more visible, long-term dynamic Macau raging bull casino websitegaming market than Wynn.valley forge casino baseball card show table games at casino woodbineroyal ace casino customer serviceAdditionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.Risky BusinessBy Bain’s estimate, Wynn derives 68 percent of its earnings before interest, taxes, depreciation and amortization (EBITDA) from the world’s largest gaming center, adjusting for its ownership stake in Wynn Macau.Now, MGM has .mgm casino events national harborThe Wynn Macau is pictured above.1 billion in cash, giving it its strongest balance sheet ever.The Wynn Macau is pictured above.online slot casino uk blackjack casino howbicycle casino games pcBetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.Additionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.But there are issues, there, too.The analyst points out that a VIP-led recovery in Macau may not materialize to the extent market observers previously believed, and that could weigh on Wynn equity.Risky BusinessBy Bain’s estimate, Wynn derives 68 percent of its earnings before interest, taxes, depreciation and amortization (EBITDA) from the world’s largest gaming center, adjusting for its ownership stake in Wynn Macau.Namely, Sin City is now highly dependent on leisure travel from neighboring California.miami club casino sign up bonus clearwater casino pow wow |