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online casino maryland”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.However, the riverboat was not structurally damaged and is back in operation as a floating casino.(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.ultimate x poker online casinoThe boat is not taking on water and is safe, he told Casino. in the Lake Charles area were damaged in the Category 4 hurricane.No Real Estate, More VolatilityLast year, MGM sold Bellagio and Circus Circus, and the real estate liquidation theme continued into January, as the operator parted with MGM Grand and Mandalay Bay on the Strip.free slots 4u christmas

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morongo casino owner“To be clear, we believe IAC ownership is a positive for MGM.“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 12oxford casino games percent stake in MGM,” said the analyst.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.casino gifAn analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.org the Isle of Capri’s motor system will require repair work because of the incident.org the Isle of Capri’s motor system will require repair work because of the incident.river spirit casino pool pictures

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app rsweeps riversweeps online casino“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.org.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.MGM Grand on the Las Vegas Strip.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.nearest seminole casino

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