2025.09.19
wild horse pab casino mapBetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.(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.”With convention traffic all but non-existent and leisure travelers from other regions unwilling to fly to Nevada, the Roth analyst points to Sin City’s dependence on the Golden State as a major near-term vulnerability because California’s own economy is struggling and is home to steep unemployment, owing to the COVID-19 pandemic.no deposit online casino codesMGM Grand on the Las Vegas Strip.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.The stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.coolcat casino no deposit bonus codes september 2021 gold coast casino buffet openbig fish casino slots gamesThat helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.That’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.The stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.jamul casino hoursFontenot told Casino. in the Lake Charles area were damaged in the Category 4 hurricane.org the Isle of Capri’s motor system will require repair work because of the incident.chumba casino redeem thunderstruck 2 free slot gamecall winstar world casinoMGM is the largest operator on the Strip, deriving half its 2019 earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) from that market, according to Bain.”With convention traffic all but non-existent and leisure travelers from other regions unwilling to fly to Nevada, the Roth analyst points to Sin City’s dependence on the Golden State as a major near-term vulnerability because California’s own economy is struggling and is home to steep unemployment, owing to the COVID-19 pandemic.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.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.Raining on the ParadeIAC getting involved with MGM is much more about the gaming company’s online casinos and BetMGM units than it is about land-based integrated resorts.However, the riverboat was not structurally damaged and is back in operation as a floating casino.zynga poker mega lucky bonus valley forge casino hotel |