soaring eagle casino poolNow, MGM has .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.The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.river spirit casino concerts 2021Fontenot told Casino.“To be clear, we believe IAC ownership is a positive for MGM.Soft air travel, group/event compjamul casino buffet priceression, low pricing power and high fixed costs, including rent payments,” are among the issues highlighted by Bain.no deposit bonus casino max

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encore casino las vegasRobert Fontenot of the Louisiana State Police.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.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.blackjack practiceBut Bain argues Diller’s company may have paid too much for the privilege.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.“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.captain jack casino no deposit free spins

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harrah s cherokee casino job openingsThe 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.But Bain argues Diller’s company may have paid too much for the privilege.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock. in the Lake Charles area were damaged in the Category 4 hurricane.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.Now, MGM has .euro casino free slots