poker casino arizona in the Lake Charles area were damaged in the Category 4 hurricane.It’s been a week of downgrades for MGM Resorts International (NYSE:MGM).But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.doubledown casino journeyIt’s been a week of downgrades for MGM Resorts International (NYSE:MGM).“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.no deposit king casino bonus

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slot machine casinos in kentuckyThe 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.“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 12hard rock casino lake tahoe arcade percent stake in MGM,” said the analyst.An analyst is concerned about the operator’s exposure to its home city.cache creek casino weatherThe gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.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.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.wild grizzly casino

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island resort and casino escanabaAn analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.An analyst is concerned about the operator’s exposure to its home city.An analyst is concerned about the operator’s exposure to its home city.Too much dependence on its home market is a potential drag on MGM stock at a time when Las Vegas is still grappling with the effects of the coronavirus pandemic.(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.online gambling wisconsin