zynga poker upgradeorg.MGM Grand on the Las Vegas Strip.The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.viejas casino age(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.Robert Fontenot of the Louisiana State Police.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.bellagio casino wiki

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peppermill hotel casino las vegas“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.“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 12jamul casino buffet price percent stake in MGM,” said the analyst.An analyst is concerned about the operator’s exposure to its home city.desert diamond casino openThe stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.MGM Grand on the Las Vegas Strip.MGM Grand on the Las Vegas Strip.black bear casino players club

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chumba casino homeAn analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.org.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.However, the riverboat was not structurally damaged and is back in operation as a floating casino.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.That’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.free online slots no deposit bonus