island view casino gamesAn analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.No 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 implies downside from the area at which the stock currently resides.live casino 999But 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.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.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.hard rock casino rewards

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vegas casino online real money no deposit(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.(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 .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.live casino ultimate texas holdem“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.1 billion in cash, giving it its strongest balance sheet ever.The stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.riversweeps online casino for android

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little river casino covid updateBut Bain argues Diller’s company may have paid too much for the privilege.“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.org the Isle of Capri’s motor system will require repair work because of the incident.The stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.However, the riverboat was not structurally damaged and is back in operation as a floating casino.jackson rancheria casino winners