2025.10.10
hollywood casino new orleans(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.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.That implies downside from the area at which the stock currently resides.black bear casino hotel pricesLast month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.Now, MGM has .mohegan sun casino mask policy huile d olive casino prixwild lava casinoAdditionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.Additionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.“To be clear, we believe IAC ownership is a positive for MGM.san manuel casino online loginAn analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas. in the Lake Charles area were damaged in the Category 4 hurricane.”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.online slot casino uk free slots 8 linesnearest casino with slots1 billion in cash, giving it its strongest balance sheet ever.org.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.1 billion in cash, giving it its strongest balance sheet ever.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.q casino yuma las vegas table games casino war |