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island resort and casino hoursBut Bain sees risks by way of a lack of liquidity among high-end players, new room supply coming to market, and a dearth of Hong Kong dollars flowing into the gaming hub because travel remains limited between the two SARs.Additionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.oyment, owing to the COVID-19 pandemic.paragon casino theaterShares 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.“To be clear, we believe IAC ownership is a positive for MGM.That’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.coolcat casino no deposit bonus 2021 captain jack casino deposit codesfirekeepers casino employment“We believe certain operators are structurally better positioned from the more visible, long-term dynamic Macau casino 5 letter wordsgaming market than Wynn.“To be clear, we believe IAC ownership is a positive for MGM.“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.online casino zurichBut there are issues, there, too.But 2020 is far from the usual climate for gaming companies.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.seminole casino food red stag casino deposit bonus codesdoubledown casino rouletteBut Bain sees risks by way of a lack of liquidity among high-end players, new room supply coming to market, and a dearth of Hong Kong dollars flowing into the gaming hub because travel remains limited between the two SARs.“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.The Wynn Macau is pictured above.But Bain argues Diller’s company may have paid too much for the privilegcasino 5 letter wordse.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.But 2020 is far from the usual climate for gaming companies.island view casino spa doubledown casino level 12 |