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desert diamond casino newsAdditionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.“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 12 percent stake in MGM,” said the analyst.doubledown casino app for android“We believe certain operators are structurally better positioned from the more visible, long-term dynamic Macau royal ace casino free spins no depositgaming market than Wynn.“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 12 percent stake in MGM,” said the analyst.BetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.what to do at pechanga casino borgata casino nj reopeningharrah s casino joliet hoursThat’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.Namely, Sin City is now highly dependent on leisure travel from neighboring California.Now, MGM has .free slots 30 gamesShares 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.The Wynn Macau is pictured above.Not Loving Las Vegas, EitherThe analyst forecasts Las Vegas, where Wynn owns its namesake integrated resort, anroyal ace casino free spins no depositd the Encore, will account for 22 percent of 2022 EBITDA.online casino real money apk coushatta casino in oklahomacool cat casino free chipBut Bain argues Diller’s company may have paid too much for the privilegroyal ace casino free spins no deposite.The Wynn Macau is pictured above.BetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.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.Additionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.The analyst points out that a VIP-led recovery in Macau may not materialize to the extent market observers previously believed, and that could weigh on Wynn equity.borgata pa online casino customer service casino 21 game |