2025.12.17
silver oak casino free playNo 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.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.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.chinook winds casino resort phone numberBut Bain argues Diller’s company may have paid too much for the privilegcasino 5 letter wordse.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 Bain argues Diller’s company may have paid too much for the privilegcasino 5 letter wordse.aliante casino reviews big fish casino texas holdemslotjoint casino no deposit bonusOnly recently have there been most signs of a pickup in visits.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.Now, MGM has .firekeepers casino imagesThat’s fine in a normal operating environment, and it’s exposure that’s served Wynn investors well over the years.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.BetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.tachi palace casino players club j casanovaharrah s casino spa”Risks mentioned by the Roth analyst include ongoing geopolitical volatility between the US and China, and concession renewal risk for US operators in Macau, among others.That’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.1 billion in cash, giving it its strongest balance sheet ever.Bain added that Wynn has less exposure to the Cotai Strip than rivals Las Vegas Sands (NYSE:LVS) and Melco Resorts & Entertainment (NASDAQ:MLCO), a relevant point because border expansions and new capacity could drive traffic to that area of Macau.The Wynn Macau is pictured above.Not Loving Las Vegas, EitherThe analyst forecasts Las Vegas, where Wynn owns its namesake integrated resort, ancasino 5 letter wordsd the Encore, will account for 22 percent of 2022 EBITDA.resorts casino new york wild aces casino |