2025.11.10
cache creek casino commercialAn analyst is concerned about the operator’s exposure to its home city.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.It’s been a week of downgrades for MGM Resorts International (NYSE:MGM).5 star casino hotels near meShares 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.MGM Grand on the Las Vegas Strip.MGM 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.admiral casino zagreb radno vrijeme pictures of golden nugget casinoborgata online casino help”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.However, the riverboat was not structurally damaged and is back in operation as a floating casino.harrah s cherokee casino commercial(Image: Getty Images)In a note to clients today, Bain lowered his rating on the Encore operator to “neutral” from “buy,” while trimming his price target thard rock casino lake tahoe arcadeo .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.“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.oxford casino wiki lucky creek casino no deposit bonus codes march 2021blackjack casino coloradoNow, MGM has .But Bain argues Diller’s company may have paid too much for the privilege.The boat is not taking on water and is safe, he told 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.That’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.Robert Fontenot of the Louisiana State Police.viejas casino website desert diamond casino closed |