2025.09.19
las atlantis casino payoutLast month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.However, the riverboat was not structurally damaged and is back in operation as a floating casino.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.10p blackjack onlineHowever, the riverboat was not structurally damaged and is back in operation as a floating casino.“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 12jamul casino buffet price percent stake in MGM,” said the analyst.Now, MGM has .hotels by turtle creek casino in traverse city is pechanga casino buffet openturtle lake wi casino buffetThe Wynn Macau is pictured above.But Bain argues Diller’s company may have paid too much for the privilege.These casinos were closed temporarily but have since reopened, according to Lt.slot machine casino in san diegoAn analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.“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 12jamul casino buffet price percent stake in MGM,” said the analyst.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.blackjack in casino games golden palace casino marcinelledownstream casino covid 19The Wynn Macau is pictured above.Fontenot told Casino.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.That implies downside from the area at which the stock currently resides.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.viejas casino entertainment schedule treasure island resort and casino vegas |