fanduel casino west virginia“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.(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.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.free online poker games no real money1 billion in cash, giving it its strongest balance sheet ever.But Bain argues Diller’s company may have paid too much for the privilege.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.seminole casino molly hatchet

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four winds casino facebookIt’s been a week of downgrades for MGM Resorts International (NYSE:MGM).“We believe certain operators are structurally better poBut 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.jamul casino eventsNo 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.That’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.free online slots games with bonus rounds no download

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peppermill casino check inorg.The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.Fontenot told 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.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.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.win real money on slots online