2025.09.13
chumba casino homeMGM Grand on the Las Vegas Strip.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.The Wynn Macau is pictured above.viejas casino outlets(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 toxford casino gameso .Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.(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.big fish casino refund cache creek casino eventshollywood casino jurabic questThe gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.That’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.morongo casino reviews(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.These casinos were closed temporarily but have since reopened, according to Lt.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.gold coast casino noodle exchange new casino table games 2021seven feathers casino resort pricesorg.But Bain argues Diller’s company may have paid too much for the privilege.“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 12oxford casino games percent stake in MGM,” said the analyst.Raining on the ParadeIAC getting involved with MGM is much more about the gaming company’s online casinos and BetMGM units than it is about land-based integrated resorts.The stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.That’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.m.live casino house.com free slots online vegas |